Contributors Technical Analysis USD/TRY: Rebound Expected

USD/TRY: Rebound Expected

Pivot (invalidation): 7.6680

Our preference Long positions above 7.6680 with targets at 7.7500 & 7.7950 in extension.

Alternative scenario Below 7.6680 look for further downside with 7.6200 & 7.5850 as targets.

Comment The RSI calls for a rebound.

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