SELL 5.52; TP1 5.50; TP2 5.45; SL 5.54
USD/TRY met resistance near the line connecting 2019 highs in the 5.62 area. This is also where the 50-week MA is capping the price. The pair is currently testing levels below the 200-day MA (5.55). The key area on the downside is located at 5.5220 (50-period MA on H4 and 200-hour MA on H1). The decline below this level will open the way down to the last week’s lows in the 5.45 zone.
Forex Trading Tutorial Videos about Technical Analysis, Fibonacci Formula, Popular Indicators, Robot and usage of Basic Tools. We provide 99% successive signals for profitable trading result in end of the month. Free Forex Trading Account Register Click Register it
1 post • Page 1 of 1
- Site Admin
- Posts: 12022
- Joined: Sun Mar 04, 2012 1:17 am
- Cash on hand: Locked