Contributors Technical Analysis USD/TRY The Upside Prevails

USD/TRY The Upside Prevails

Pivot (invalidation): 6.7950

Our preference Long positions above 6.7950 with targets at 6.8250 & 6.8400 in extension.

Alternative scenario Below 6.7950 look for further downside with 6.7810 & 6.7660 as targets.

Comment The RSI lacks downward momentum.

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