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Forex Signal For USD/TRY: Inflation Continues to Rise to 34-Year High

Forex Signal For USD/TRY: Inflation Continues to Rise to 34-Year High Forex Signal For USD/TRY: Inflation Continues to Rise to 34-Year High

Forex Signal For USD/TRY: Inflation Continues to Rise to 34-Year High
Yazar: Ross Sutton

Yayınlanma: 5 Temmuz 2022 01:31

Güncellenme: 7 Kasım 2024 06:11

Forex Signal For USD/TRY: Inflation Continues to Rise to 34-Year High

    Forex Signal For USD/TRY: Inflation Continues to Rise to 34-Year High  

Today's advice for the Turkish lira against the dollar

 
  • The risk is 0,50%.
  • The trading of the recommendation became active on Thursday and was profited by closing half of the contracts as the stop loss kicked in.
 

Best Selling Points

 
  • Go to sell position with pending order at 17,45 level.
  • Set a stop loss to close the 17,65 low 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 55 pips profit and leave the remaining contracts to hold up to strong resistance levels at 16,40.
 

Forex Signal For USD/TRY: Inflation Continues to Rise to 34-Year High

 

Best Buying Points

 
  • Go buy position with a direct order at 16,81 levels.
  • The best spots to set the stop loss are to close the 16,44 highs.
  • Move the stop loss to the entry area and stop profiting as the price rises by 50 pips.
  • Close half of the contracts with a profit equal to 55 pips and leave the remaining contracts to sustain up to 17,11 support levels
  usdtry-akram-04072022  

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