Forex Signal For USD/TRY: Yesterday, USD Continued to Break New Records Against TL.

    Forex Signal For USD/TRY: Yesterday, USD Continued to Break New Records Against TL.   On the technical front, the Turkish lira continued to decline against the dollar and hit a new high, surpassing the previous day's high, as the pair hit record highs at 18,58.  

Yesterday's advice for USD/TRY

 

• The risk is 0.50%.

 

Best Buy Points

 

• Go to a buy position with a pending order at 18,39 levels.
• Set a stop-loss point to close below the 18,25 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 let the remaining contracts continue to strong resistance levels at 18,99.

 

Forex Signal For USD/TRY: Yesterday, USD Continued to Break New Records Against TL.

 

Best Selling 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.

 

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