Contributors Technical Analysis USD/TRY: Continuation Of The Rebound

USD/TRY: Continuation Of The Rebound

Pivot (invalidation): 7.5960

Our preference Long positions above 7.5960 with targets at 7.6810 & 7.7220 in extension.

Alternative scenario Below 7.5960 look for further downside with 7.5460 & 7.5110 as targets.

Comment The RSI lacks downward momentum.

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