USDTRY Downside should not be permanent
After fed news and optimistic environment usdtry is trading red but we think that supports are strong.
It is very unlikely to price to break the trendline, even it breaks, prices speacially lower than 5.50 can't be sustained.
Either way we foresee higher price levels. If 5.65 holds we may see a rally higher from this .618 fibonacci level
Thank you for supporting our team with your likes.
Good luck.
It is very unlikely to price to break the trendline, even it breaks, prices speacially lower than 5.50 can't be sustained.
Either way we foresee higher price levels. If 5.65 holds we may see a rally higher from this .618 fibonacci level
Thank you for supporting our team with your likes.
Good luck.
Note
Price has tested the trendline today. Waiting for reversal signs before we consider to trade
Trade fermée: cible de profit atteinte
Gapped monday open provided 2.000 pips move.
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.