Forex Signal For USD/TRY: Lira Continues to Increase Losses.

Today's recommendation of the Turkish lira against the dollar

• The risk is 0,50%.
• Yesterday's sell recommendation was activated and still continues to be traded.

Best Selling Points

• Go to sell position with pending order at 17,85 levels.
• Set a stop-loss point to close the 17,95 low support levels.
• Move the stop loss to the entry area and keep profiting as the price rises by 50 pips.
• Close half of the contracts with 55 pips profit and leave the remaining contracts to hold up to strong resistance levels at 16,40.

Forex Signal For USD/TRY: Lira Continues to Increase Losses.

Best Buy Points

• Go to buy position with pending order at 17,20 level.
• The best spots to set stop-losses are to close the 16,94 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 55 pips and leave the remaining contracts at support levels 17,41.

You may also be interested in:

Forex Signal For GBP/USD: Exit the Bearish Price Chart