Forex Signal For USD/TRY : Account Deficit Declined in August
Forex Signal For USD/TRY : Account Deficit Declined in August
The pair is also trading at the highest support levels concentrated at 18,55 and 18,40 respectively.
Yesterday's recommendations for the Turkish lira against the dollar
The risk is 0,50%.
Best Buying Points
Go to buy position with pending order at 18,50 level.
Identify a stop-loss point to close below the 18,35 support levels.
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 leave the remaining contracts up to the strong resistance levels at 18,99.
Forex Signal For USD/TRY : Account Deficit Declined in August
Top selling entry 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 equal to 70 pips and drop the remaining contracts at 18,55 support levels.