Contributors Technical Analysis USD/TRY Further Advance

USD/TRY Further Advance

Pivot (invalidation): 8.0540

Our preference Long positions above 8.0540 with targets at 8.1150 & 8.1400 in extension.

Alternative scenario Below 8.0540 look for further downside with 8.0200 & 7.9750 as targets.

Comment The RSI lacks downward momentum.

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