Forex Signal For USD/TRY: The Lira Was Fixed Against the Dollar

    Forex Signal For USD/TRY: The Lira Was Fixed Against the Dollar Especially if the pair closes above the 16,40 resistance levels, the Turkish lira is expected to continue to decline.  

Today's advice for the lira against the dollar

 

• The risk is 0,50%.
• None of the trades of yesterday's recommendations have been activated

 

Top selling points

 

• Go to sell position with pending order at 17,11 level.
• Set a stop-loss point to close support lows such as 17,26.
• Move the stop loss to the entry area and continue to profit 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: The Lira Was Fixed Against the Dollar

 

Best Buying Points

 

• Go to buy position with pending order at 16,33 level.
• The best spots to set the stop loss are to close the 16,22 highs.
• Move the stop loss to the entry area and continue to profit 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 16,60 support levels.

   

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