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    HomeContributorsTechnical AnalysisUSD/TRY: The Upside Prevails

    USD/TRY: The Upside Prevails

    Pivot (invalidation): 6.9210

    Our preference Long positions above 6.9210 with targets at 6.9540 & 6.9780 in extension.

    Alternative scenario Below 6.9210 look for further downside with 6.9030 & 6.8850 as targets.

    Comment A support base at 6.9210 has formed and has allowed for a temporary stabilisation.

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