Contributors Technical Analysis USD/TRY: Under Pressure

USD/TRY: Under Pressure

Pivot (invalidation): 6.8650

Our preference Short positions below 6.8650 with targets at 6.8530 & 6.8420 in extension.

Alternative scenario Above 6.8650 look for further upside with 6.8720 & 6.8820 as targets.

Comment As Long as 6.8650 is resistance, likely decline to 6.8530.

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