Contributors Technical Analysis USD/TRY: Rebound Expected

USD/TRY: Rebound Expected

Pivot (invalidation): 7.4050

Our preference Long positions above 7.4050 with targets at 7.4680 & 7.5000 in extension.

Alternative scenario Below 7.4050 look for further downside with 7.3750 & 7.3500 as targets.

Comment The RSI calls for a rebound.

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