What you need to know to trade on USD TRY this week?

By AmiranAzaladze
US dollar fell by 180 pips against Turkish currency during Asia session on Monday. Now you need focus on two main technical aspect of this currency pier. The first - Fibonacci level 23 (5.7410) and pattern triangular (L1-L2 trend lines). Fibonacci level served as quite strong resistance level and pushed price in the pattern. Today price may keep range 5.7080 - 5.7350, crossing of L1 and L2 trend lines will gave us the signal for this week.
academyChart PatternsdollarpatternsignalTrend AnalysisUSDTRY
AmiranAzaladze
Amiran Azaladze
CEO at Saqs Investment
amiranazaladze@gmail.com
amiranazaladze.com
talkwithamiran.com
whats app: +995 593758310

Disclaimer