Contributors Technical Analysis USD/TRY: Under Pressure

USD/TRY: Under Pressure

Pivot (invalidation): 6.8680

Our preference Short positions below 6.8680 with targets at 6.8500 & 6.8400 in extension.

Alternative scenario Above 6.8680 look for further upside with 6.8750 & 6.8820 as targets.

Comment As Long as the resistance at 6.8680 is not surpassed, the risk of the break below 6.8500 remains high.

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