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    HomeContributorsTechnical AnalysisUSD/TRY: The Upside Prevails

    USD/TRY: The Upside Prevails

    Pivot (invalidation): 7.3650

    Our preference Long positions above 7.3650 with targets at 7.4060 & 7.4370 in extension.

    Alternative scenario Below 7.3650 look for further downside with 7.3400 & 7.3060 as targets.

    Comment A support base at 7.3650 has formed and has allowed for a temporary stabilisation.

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