HomeContributorsTechnical AnalysisUSD/TRY Bullish Bias Above 6.5240

USD/TRY Bullish Bias Above 6.5240

Pivot (invalidation): 6.5240

Our preference Long positions above 6.5240 with targets at 6.6000 & 6.6300 in extension.

Alternative scenario Below 6.5240 look for further downside with 6.4930 & 6.4600 as targets.

Comment A support base at 6.5240 has formed and has allowed for a temporary stabilisation.

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