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USDTRY 10.03.2021
Overview:
Prices are moving in a short term downtrend
Expected:
The pair is trading above a strong support level around 7.5644, which enhances chances of a bullish move during today's trading to 7.6581
Alternative Scenario:
On the other hand, we think that if the level of 7.5644 is broken to the downside, this pair may push further down to 7.5083.
| Resistance | 7.6581 | 7.6958 | 7.7145 |
| Support | 7.5777 | 7.5644 | 7.5270 |
Disclosure of risk: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
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