Forex Signal For USD/TRY: Turkish Lira Keeps Falling Amid Policy Failure.
Forex Signal For USD/TRY: Turkish Lira Keeps Falling Amid Policy Failure.
While the upside momentum of the pair continues, the way for the lira to reach 16,63 levels is clear.
By activating the target day recommendation, half of the contracts were closed with profit as the price moved in the direction of the target and the stop loss entered the entry.
Best Buying Points
Enter a buy position with a pending order at 15,85 from current levels.
Set a stop loss to close the 15,65 low support levels.
Move the stoploss 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 16,05.
Forex Signal For USD/TRY: Turkish Lira Keeps Falling Amid Policy Failure.
Best Selling Points
Go to a sell position with a pending order at 16,00.
The best spots to set the stop loss are to close the 16,11 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 remaining contracts to sustain up to 15,58 support levels.