Forex Signal For USD/TRY: Turkish Lira Stabilizing

    Forex Signal For USD/TRY: Turkish Lira Stabilizing   While the US Central Bank tightens its monetary policy while raising interest rates, the Central Bank of Turkey continues to implement an encouraging monetary policy based on lowering interest rates.  

Today's advice for USD/Turkish Lira

 

• The risk is 0,50%.
• Yesterday's sell advice was activated and is still trading

 

Best Buying Points

 

• Go to a buy position with a pending order at 18,24.
• Set a stop-loss point to close below the 18,05 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 70 pips and leave the remaining contracts to hold up to strong resistance levels at 18,31.

 

Forex Signal For USD/TRY: Turkish Lira Stabilizing

 

Best Selling Points

 

• Go To Sell Position With Pending Order At 18,50 Level.
• The Best Spots To Set Stop-Losses Are To Close The 18,55 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 Keep The Remaining Contracts To 17,85 Support Levels.

   

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