USD/TRY Under Pressure

Pivot (invalidation): 5.4950

Our preference Short positions below 5.4950 with targets at 5.4450 & 5.4100 in extension.

Alternative scenario Above 5.4950 look for further upside with 5.5300 & 5.5620 as targets.

Comment The RSI lacks upward momentum.

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Swissquote Bank SAhttp://en.swissquote.com/fx
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