Forex Signal For TRY/USD : Stable Despite Announcement of Current Account Deficit
Forex Signal For TRY/USD : Stable Despite Announcement of Current Account Deficit
On the technical front, the pair remained stable against the dollar as the pair continued to trade in a tight range that has been going on for several weeks.
Today's TRY/USD Recommendation
The risk is 0,50%.
Best Buying Points
Enter a buy position with a pending order at 18,50 levels.
Set a stop-loss point to close below the 18,25 support level.
Move the loss to the entry area and keep profiting while the price moves 50 pips.
Close half of the contracts with 70 pips profit and leave the rest of the contracts to sustain up to strong resistance levels at 18,99
Forex Signal For TRY/USD : Stable Despite Announcement of Current Account Deficit
Best Selling Points
Activate sell position with pending order at 18,99 levels.
The best spots to set stop-losses are closing 19,15 highs.
Move the loss to the entry area and keep profiting while the price moves 50 pips.
Close half of the contracts with 70 pips profit and leave the remaining contracts to sustain up to 18,55 support levels.