USD/TRY Under Pressure

Pivot (invalidation): 5.7650

Our preference Short positions below 5.7650 with targets at 5.7400 & 5.7290 in extension.

Alternative scenario Above 5.7650 look for further upside with 5.7780 & 5.7870 as targets.

Comment As Long as the resistance at 5.7650 is not surpassed, the risk of the break below 5.7400 remains high.

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