USD/TRY: Fighting the Bull Trend Gives us a Guess-Toss
USD/TRY: Fighting the Bull Trend Gives us a Guess-Toss
Technically pinpointing the exact moment when USD/
TRY will rise feels like a guessing game look and feel, apart from saying that higher realms are frequent with the 'gift of time'.
USD/TRY is in an uptrend with an unrivaled sense of direction;
- Slight selling pressure faced a rapid and strong rise yesterday.
USD/TRY: Fighting the Bull Trend Gives us a Guess-Toss
When This Article İs Printed
- USD/TRY is close to 1,61700.
- Late last night, USD/TRY reached 164,80000 after selling before the US Federal Reserve announcements.
Sudden spikes are often a dangerous part of USD/TRY trading, which makes risk management important, but also very difficult to identify.
As a rule of thumb, conservative leverage is a good starting point when following the USD/TRY position.
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