HomeContributorsTechnical AnalysisUSD/TRY: Key Resistance At 7.8750

USD/TRY: Key Resistance At 7.8750

Pivot (invalidation): 7.8750

Our preference Short positions below 7.8750 with targets at 7.8320 & 7.8100 in extension.

Alternative scenario Above 7.8750 look for further upside with 7.9000 & 7.9230 as targets.

Comment The upward potential is likely to be limited by the resistance at 7.8750.

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