Forex Signal For TRY/USD: Lira Stabilized After Central Bank's Decision.

    Forex Signal For TRY/USD: Lira Stabilized After Central Bank's Decision.   In the statement made by the bank, inflation was expected to remain higher than expected for a while due to the increase in energy imports.  

Today's TRY/USD Recommendation

 

• The risk is 0,50%.

 

Best Buying Points

 

• Enter a buy position with a pending order at 18,50 levels.
• Set a stop-loss point to close below the 18,25 support level.
• Move the loss to the entry area and keep profiting while the price moves 50 pips.
• Close half of the contracts with 70 pips profit and let the rest of the contracts run to the strong resistance levels at 18,99.

 

Forex Signal For TRY/USD: Lira Stabilized After Central Bank's Decision.

 

Best Selling Points

 

• Enter sell position with pending order at 18,99 levels
• The best spots to set stop-losses are closing 19,15 highs.
• Move the stop loss to the entry area and keep profiting while the price moves 50 pips.
• Close half of the contracts with 70 pips profit and let the remaining contracts float to 18,55 support levels.

   

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