HomeContributorsTechnical AnalysisUSD/TRY: Further Advance

USD/TRY: Further Advance

Pivot (invalidation): 7.9470

Our preference Long positions above 7.9470 with targets at 8.0000 & 8.0200 in extension.

Alternative scenario Below 7.9470 look for further downside with 7.9250 & 7.9080 as targets.

Comment Technically the RSI is above its neutrality area at 50.

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