Forex Signal For USD/TRY: Turkish Central Bank Reserves Reach Record Levels

    Forex Signal For USD/TRY: Turkish Central Bank Reserves Reach Record Levels   The chances of the Turkish lira rising against the dollar still seem slim as the pair is in an overall uptrend.  

Today's advice for USD/TRY

 

• The risk is 0,50%.
• The trading of the recommendation was activated yesterday and half of the contracts were closed and the stop loss point was moved as the price moved towards the target.

 

Best Selling Points

 

• Go to sell position with pending order at 18,33 level.
• Set a stop-loss point to close the lowest support levels at 18,55.
• 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 17,70 strong resistance levels.

 

Forex Signal For USD/TRY: Turkish Central Bank Reserves Reach Record Levels

 

Best Buying Points

 

• Go to a buy position with a pending order at 18,10.
• The best spots to set stop-losses are to close the 17,94 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 drop the remaining contracts at 18,31 support levels.

   

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