Contributors Technical Analysis USD/TRY Further Upside

USD/TRY Further Upside

Pivot (invalidation): 8.2690

Our preference Long positions above 8.2690 with targets at 8.3500 & 8.3860 in extension.

Alternative scenario Below 8.2690 look for further downside with 8.2390 & 8.2040 as targets.

Comment The RSI has just landed on its neutrality area at 50% and is turning up.

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