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USD/TRY The Upside Prevails

Pivot (invalidation): 8.2390

Our preference Long positions above 8.2390 with targets at 8.3280 & 8.3860 in extension.

Alternative scenario Below 8.2390 look for further downside with 8.2040 & 8.1620 as targets.

Comment A support base at 8.2390 has formed and has allowed for a temporary stabilisation.

 

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