HomeContributorsTechnical AnalysisUSD/TRY Continuation Of The Rebound

USD/TRY Continuation Of The Rebound

Pivot (invalidation): 5.6640

Our preference Long positions above 5.6640 with targets at 5.6890 & 5.7010 in extension.

Alternative scenario Below 5.6640 look for further downside with 5.6550 & 5.6430 as targets.

Comment The RSI has just landed on its neutrality area at 50% and is turning up.

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