Forex Signal For USD/TRY: Lira Stabilizes Post FOMC No Change

    Forex Signal For USD/TRY: Lira Stabilizes Post FOMC No Change   The decrease in TL is expected to continue.  

Today's advice for the Turkish lira against the dollar

 

• The risk is 0,50%.
• None of yesterday's trading transactions were activated.

 

Best Selling Points

 

• Go to sell position with pending order at 17,41 level.
• Set a stop-loss point 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 a profit equal to 55 pips and leave the rest to sustain strong resistance levels at 16,40.

 

Forex Signal For USD/TRY: Lira Stabilizes Post FOMC No Change

 

Best Buying Points

• Go buy position with pending order at 17,00 level.
• The best spots to set the stop loss are to close the 16,88 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 55 pips and leave the remaining contracts at support levels 17,40

   

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