HomeContributorsTechnical AnalysisUSD/TRY: Bullish Bias Above 7.0100

USD/TRY: Bullish Bias Above 7.0100

Pivot (invalidation): 7.0100

Our preference Long positions above 7.0100 with targets at 7.0760 & 7.0990 in extension.

Alternative scenario Below 7.0100 look for further downside with 6.9860 & 6.9550 as targets.

Comment Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

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