Contributors Technical Analysis USD/TRY Further Upside

USD/TRY Further Upside

Pivot (invalidation): 7.1650

Our preference Long positions above 7.1650 with targets at 7.2290 & 7.2550 in extension.

Alternative scenario Below 7.1650 look for further downside with 7.1230 & 7.0900 as targets.

Comment The break above 7.1650 is a positive signal that has opened a path to 7.2290.

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