Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (7.00000).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. USDTRY is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 54.

Take Profits:
TP1= @ 7.26750
TP2= @ 7.50000
TP3= @ 7.77550
TP4= @ 8.04150
TP5= @ 8.57500

SL= Break below S2

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ForecastCity English Support Team ❤️
Chart PatternsdolarliradolartrydollarturkishliraTechnical IndicatorsTrend AnalysisturkishUSDTRY

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