Forex Signal For USD/TRY: Turkey Prepares To Extend Program To Protect Lira Savings From Falling

    Forex Signal For USD/TRY: Turkey Prepares To Extend Program To Protect Lira Savings From Falling   Facing the depreciation of the currency, which increases the inflation rate until the election date.  

Today's advice for TRY/USD

 

• The risk is 0.50%.

 

Best Buy Points

 

• Go to buy position with pending order at 18,50 level.
• Set a stop-loss point to close below the 18,35 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 70 pips profit and leave the rest of the contracts up to the strong 18,99 resistance level.

 

Forex Signal For USD/TRY: Turkey Prepares To Extend Program To Protect Lira Savings From Falling

 

Best Selling Points

 

• Go to buy position with pending order at 18,99 level.
• The best points to set stop-losses are to close the 19,15 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 70 pips and drop the remaining contracts at 18,55 support levels.

   

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