Forex Signal For USD/TRY: Annual Inflation Rate Expected to Rise in April

    Forex Signal For USD/TRY: Annual Inflation Rate Expected to Rise in April The lira is expected to continue falling, especially if the pair closes above the 14,91 resistance levels.  

Today's advice for the Turkish lira against the dollar

 

• Risk 0,50%
• None of the referral's trades were activated yesterday

 

Best Buying Points

 

• Go to buy position with pending order at 14,68 level.
• Set a stop-loss point to close 14,46, the lowest support level.
• Move the stop loss to the entry area and keep profiting as the price rises by 50 pips.
• Close half of the contracts with a profit of 75 pips and let the rest continue to strong resistance levels at 14,85.

 

Forex Signal For USD/TRY: Annual Inflation Rate Expected to Rise in April

 

Best Selling Points

 

• Go to sell position with pending order at 14,99 level.
• The best spots to set the stop loss are to close the 14,98 highs.
• Move the stop loss to the entry area and keep profiting as the price rises by 50 pips.
• Close half of the contracts with a profit equal to 75 pips and leave the rest of the contracts to sustain up to 14,40 support levels.

 

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