Forex - Chart USD/TRY Update: Steady in range

 15:13 (GMT) 12 Feb

  [Forex Charts]

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Chart USD/TRY Update: Steady in range (0101-JCQL-C01)

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Asterisk denotes strength of level

14:55 GMT - Downside tests delayed, as prices attempt to regain levels above 5.2500. The rising Tension Indicator is highlighting a positive tone, but already overstretched momentum studies are expected to limit immediate gains. A close above 5.2935 wild improve sentiment, and open up 5.3875. Meanwhile, a close below 5.2500 would extend consolidation and increase risk of a fresh pullback towards 5.1210.

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