Forex Signal For TRY/USD: It is noteworthy that the Central Bank Raised Inflation Forecasts.

    Forex Signal For TRY/USD: It is noteworthy that the Central Bank Raised Inflation Forecasts.   On the technical front, the Turkish lira stabilized near record highs against the US currency after climbing to 18,68 before pulling back.  

Today's advice for TRY/USD

 

• The risk is 0,50%.

 

Best Buying Points

 

• Go to buy position with pending order at 18,50 level.
• Set a stop-loss point to close below the 18,35 support level.
• 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 let the remaining contracts continue to strong resistance levels at 18,99.

 

Forex Signal For TRY/USD: It is noteworthy that the Central Bank Raised Inflation Forecasts.

 

Best Selling Points

 

• Go to a sell position with a pending order at 18,99 levels.
• The best spots to set a stop-loss 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 of 70 pips and leave the remaining contracts to maintain the support level of 18,55.

 

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