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USD-TRY

USDTRY Approaching the top of the Channel Up.The USDTRY pair has been trading within a 6-month Channel Up and the price is now very close to the pattern's top (Higher Highs trend-line). Technically this is were a rejection should take place to reset the market at the pattern's bottom (Higher Lows trend-line), below the 1D MA50 (blue trend-line). Our Target is 33.4000, which is just above the 0.5 Fibonacci retracement level, where the last correction bottomed. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
USDTRY Inflationary uptrend still intact but buy on the right leThe USDTRY pair has almost doubled since our last buy signal (October 27 2022, see chart below): This pair remains one of the most efficient long-term trades long-term as its inflationary uptrend remains intact. We won't turn buyers again however before a 1W MA50 (blue trend-line) test or a neutral 1W RSI (less than 50.00). Our next Target is 40.0000 (again on the 10-year Higher Highs trend-line). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
1
USDTRY Best time to buy long-term is nowThe USDTRY pair has been rising steadily since the December 2021 drop. The RSI on the 1W time-frame has formed a pattern that since 2013 at least, paved the way to very aggressive pumps. Technically the next wave is about to start and shouldn't retrace before it hits the RSI's Higher Highs trend-line. Based on the pair's Higher Highs trend-line, the next top can be around $25.00. As a long-term investor, there isn't a much better level to buy USDTRY than now. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
2
💡Don't miss the great buy opportunity in USDTRYTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (17.9722). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDTRY is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 66. Take Profits: TP1= @ 18.5000 TP2= @ 19.0000 TP3= @ 19.5000 TP4= @ 20.0000 TP5= @ 20.5000 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
10
💡Don't miss the great buy opportunity in USDTRYTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (17.9722). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDTRY is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 67. Take Profits: TP1= @ 18.5000 TP2= @ 19.0000 TP3= @ 19.5000 TP4= @ 20.0000 TP5= @ 20.5000 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
2
USD/TRY's dramatic intervened drop is stablising around 11.0000The USD/TRY pair extended its dramatic turnaround from a record high touched earlier this week and continued losing ground through the mid-European session on Thursday. This marked the fourth successive day of a negative move and dragged spot prices to a six-week low, around the 10.20 region in the last hour. The pair, however, found some support at lower levels and quickly bounced back above the 11.00 round-figure mark. The Turkish lira's recent strong gains came after the government announced extraordinary measures on Monday, which include the introduction of a new program to protect savings from currency fluctuations. Adding to this, President Recep Tayyip Erdogan said the government and the Central Bank of the Republic of Turkey (CBRT) would guarantee certain local currency deposits against losses from FX depreciation. Erdoğan also reassured that citizens would not have to convert lira savings into foreign exchange due to volatility and emphasized that Turkey is committed to the free market economy. The President further underlined that Turkey is adamant about its new economic model and stuck to his unconventional policy to use lower interest rates to combat inflation. Nevertheless, the lira remains on track to record its best weekly gains ever, of around 40% and seemed rather unaffected by a modest pickup in US dollar demand. That said, extremely overstretched conditions prompted some short-covering amid relatively thin liquidity ahead of the year-end holiday season. - USD/TRY remained under intense selling pressure for the fourth successive day on Thursday. - The recent measures announced by the Turkish government continued lending support to the lira. - Extremely overstretched conditions prompted intraday short-covering move amid thin liquidity. >Dollar Edges Lower as Confidence Over Omicron Supports High Yielders The dollar traded marginally lower early in the European session Thursday, near a one-week low, amid growing optimism for the global economic outlook despite the surge of Omicron-variant Covid cases. At 2:50 AM ET (0750 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, fell 0.1% to 96.043, having earlier fallen to 96.018 for the first time since Dec. 17. USD/JPY rose 0.1% to 114.19, with the yen, another safe haven, slipping despite Japan upgrading earlier Thursday its growth projections for the next fiscal year starting in April. The growth projection was raised to 3.2% for fiscal 2022 from a forecast 2.2% real GDP growth seen at a mid-year review in July. This would be the fastest growth since fiscal 2010. EUR/USD rose 0.1% to 1.1338, adding to its overnight advance, GBP/USD climbed 0.1% to 1.3354, while the risk-sensitive AUD/USD rose 0.1% to 0.7218, after Wednesday’s surge of almost 1%. Risk sentiment has improved as the week has progressed, helped by a couple of studies suggesting that patients with the Omicron variant face a lower risk of hospitalization and severe disease compared with the Delta variant, the previously dominant strain. Also helping was the release of positive U.S. economic data on Wednesday, with GDP growing 2.3% quarter-on-quarter in the third quarter and existing home sales rising 1.9% in November. However, it was U.S. consumer confidence improving more than expected in December despite the resurgence in Covid-19 infections which had the biggest impact. “Expectations about short-term growth prospects improved, setting the stage for continued growth in early 2022. The proportion of consumers planning to purchase homes, automobiles, major appliances, and vacations over the next six months all increased,” said a Conference Board spokeswoman. The economic data slate is packed Thursday, including initial jobless claims, new home sales, durable goods orders, and the PCE price index. It also includes personal income and spending, as well as the University of Michigan consumer sentiment and expectations indexes. Elsewhere, USD/TRY dropped 1.8% to 11.8270, with the lira continuing to rebound after President Recep Tayyip Erdogan said Wednesday that measures to protect the Turkish lira bank deposits from depreciation amid a currency crisis have achieved their goal. That said, the currency is still about 40% down so far this year after a series of interest rate cuts, engineered by the president, despite inflation soaring over 20%. Elsewhere, the Russian ruble rose to its highest level in over a month ahead of President Vladimir Putin's annual press conference, against a backdrop of continued tension on the Ukrainian border, where over 100,000 Russian troops have massed. Analysts will want to see whether Putin repeats to a more general audience the hawkish comments that he made to his defense chiefs earlier in the week. >USD/TRY's dramatic intervened drop is stablising around 12.0000 USD/TRY is stabilising following three consecutive days of falling prices that have wiped out the November rally. At the time of writing, USD/TRY is trading at 12.0354 and in between an 11.9655 and 12.0828 range so far. President Recep Tayyip Erdoğan ordered the Turkish central bank to start reducing interest rates earlier in the year which led to the currency falling around 50% since September. Inflation rose 21.31% in November compared to the same period last year. On a monthly basis inflation rose 3.51% compared to October. The president insisted on four interest rate cuts over the four months despite surging inflation and the market responded in kind. However, on Monday 20 December the TRY weakened significantly when President Erdoğan said in a televised speech that he will continue cutting interest rates after rates were cut by 100 basis points. This took the rate to -6%, the lowest in the world and the TRY to the weakest level since the 1980s. However, there was a dramatic comeback in the currency when the government announced a series of measures to support the currency on Monday. Amongst other measures, including direct FX forward contracts from the central bank for companies heading overseas business, Erdoğan explained that the government will protect lira deposits by making up for the losses incurred. TRY has rallied, and the plan is working, so far. However, if the president is intent on cutting rates in an inflationary environment, then the lira will be left vulnerable to further weakness. Technicals are futile under such fundamental drivers and wild price action as this, but nevertheless, if there is to be stability, then the range are between 11.0000 - 14.0000 . - BUYING PRESSURE PRICE 10.2000 - 11.3000 - Our option for #USDTRY is TO WAIT FOR BUYERS DECISION PRICE ACTION WITH A CONFIRMATION. - Economy BUBBLE has happened or is close to !! - The outlook and the overall trend for the pair is BULLISH. Prev. Close 12.0373 Bid 11.3001 Day's Range 10.2329 - 12.3582 Open 16.4798 Ask 11.494752 wk Range 6.8882 - 18.36741 Year Change 57.36% It’s important to keep in mind that cryptocurrency markets are extremely volatile, making it difficult to accurately predict what a coin’s price will be in a few hours or a few days and even harder to give long-term estimates. As such, analysts and online forecasting sites can get their predictions wrong. We recommend that you always do your own research and consider the latest market trends, news, technical and fundamental analysis , and expert opinion before making any investment decisions. Be patient and look long term wisely and never invest more than you can afford to lose. Trading & Investing both are the master of RISK. Please comment, like and follow if it was helpful for you. Thank you for your time. Have a profitable day. | Review and analysis by Samadi.Finance |
by AliSamadiTR
9
💡Don't miss the great sell opportunity in USDTRYTrading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (13.4582). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDTRY is in a range bound, and the beginning of a downtrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 42. Take Profits: TP1= @ 13.3034 TP2= @ 13.1461 TP3= @ 13.0009 TP4= @ 12.8630 TP5= @ 12.6840 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_World
14
💡Don't miss the great sell opportunity in USDTRYTrading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (13.4582). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDTRY is in a range bound, and the beginning of a downtrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 42. Take Profits: TP1= @ 13.3034 TP2= @ 13.1461 TP3= @ 13.0009 TP4= @ 12.8630 TP5= @ 12.6840 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity
5
Midterm USD/TRY ideaHello Traders, I was away for a couple of months due to personal matters, but I am determined to support you again with my outstanding ideas in 2022. So let do this! A beautiful curve stick pattern is forming. Buy USD/TRY at 12.8 TP 1: 13.94 TP 2: 14.60 SL: 11.22 The Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. There are risks associated with investing in securities. Investing in stocks, bonds, exchange-traded funds, mutual funds, and money market funds involves the risk of loss.
Long
by Hossein-Rouzbahani
2
USD/TRY soars to fresh record high | Approaches 17.00 markThe Turkish lira crashed to another record low on Friday and shot to the 16.85-90 region against its American counterpart during the first half of the European session. The strong move up over the past two days or so comes after President Recep Tayyip Erdogan announced on Thursday to raise the minimum wage by 50% starting next year. Erdogan also said that the government would abolish income and stamp tax on the minimum wage. This was followed by a 100 bps rate cut by the Central Bank of the Republic of Turkey (CBRT) on Thursday. Turkey's official inflation rate topped 21% in November – more than four times the target set by CBRT. The central bank, however, has not been given a free hand, instead is forced to adopt President's belief that high-interest rates cause inflation and delivered the fifth cut since September. With the latest leg down, the lira has lost over 50% of its value against the USD year to date. Meanwhile, the latest leg of a sharp spike since the early European session could further be attributed to some technical factors on a sustained break through the 16.00 mark. That said, extremely overstretched technical indicators could hold back traders from placing fresh bets and cap the USD/TRY near the 17.00 round figure, at least for the time being. - USD/TRY blows past another record high, surges to the 17.00 neighbourhood on Friday. - The recent CBRT rate cuts, soaring inflation continues to weigh heavily on Turkish lira The Turkish lira has gotten more worthless in the past few months. The currency has depreciated by about 100% this year alone as investors reflect on the irrational policies implemented by the Central Bank of the Republic of Turkey (CBRT). Ideally, central banks tend to tighten monetary conditions when inflation is rising. By so doing, they limit the amount of cash in circulation and pressure prices to decline. The CBRT has gone against this after it slashed interest rates three times this year. The bank’s governor has ignorantly claimed that low-interest rates will likely bring inflation down. Recent data showed that inflation rose by 21% although an independent report placed the figure at 58%. The USD/TRY will react to the latest CBRT decision. Analysts expect that the bank will slash interest rates by 100 basis points in this meeting. This means that there is a strong divergence between the CBRT and the Fed. In its meeting this week, the Fed hinted that it will hike interest rates three times and end QE in March. The daily chart shows that the USD/TRY pair has been in a strong bullish trend with no end in sight for the Turkish lira crash. As a result, the pair remains above the 25-day and 50-day moving averages while the Relative Strength Index (RSI) remains slightly above the overbought level. While the outlook for the pair is bullish, there is a likelihood that it will have a pullback if the CBRT cuts rates as investors sell the news. This could see it retest the support at about 13. In the long-term, however, the overall trend is bullish. - SELLING PRESSURE PRICE 16.4000 - 17.0000 - Our option for #USDTRY is TO WAIT FOR SELLERS AND GOVERNMENT MOVE FOR LOWERING PRICE DECISION. - Economy Bubble is created OR is close to !! It’s important to keep in mind that cryptocurrency markets are extremely volatile, making it difficult to accurately predict what a coin’s price will be in a few hours or a few days and even harder to give long-term estimates. As such, analysts and online forecasting sites can get their predictions wrong. We recommend that you always do your own research and consider the latest market trends, news, technical and fundamental analysis , and expert opinion before making any investment decisions. Be patient and look long term wisely and never invest more than you can afford to lose. Trading & Investing both are the master of RISK. Please comment, like and follow if it was helpful for you. Thank you for your time. Have a profitable day. | Review and analysis by Samadi.Finance |
by AliSamadiTR
5
💡Don't miss the great buy opportunity in USDTRYTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (14.00). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDTRY is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 72. Take Profits: TP1= @ 14.6083 TP2= @ 15.0000 TP3= @ 15.4872 TP4= @ 16.0000 TP5= @ 16.7306 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
9
💡Don't miss the great buy opportunity in USDTRYTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (14.00). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDTRY is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 65. Take Profits: TP1= @ 14.6083 TP2= @ 15.0000 TP3= @ 15.4872 TP4= @ 16.0000 TP5= @ 16.7306 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
4
USD/TRY Bulls keep eyes on 14.00 - 15.80 | But when ? USD/TRY yesterday remains range-bound near $12.40 heading into Monday’s European session. The Turkish lira (TRY) pair snapped a two-day downtrend the previous day while staying past a weekly ascending support line. Given the MACD line teasing bullish cross, as the quote remains above the short-term rising support line, USD/TRY buyers are likely to aim for the one-week-old horizontal resistance near $12.70. Following that, the $13.00 threshold may offer an intermediate halt during the run-up to the recently flashed record top of $13.49. Meanwhile, a downside break of the aforementioned support line near $12.30 will aim for a 50% Fibonacci retracement (Fibo.) level of the November 18-23 rally, around $12.00. During the USD/TRY weakness below the $12.00 threshold, the previous resistance line from November 23 and 61.8% Fibo., respectively around $11.80 and $11.60, will challenge the bears before October’s peak of $9.85. USD/TRY today advances for the third session in a row at the beginning of the week and trades at shouting distance from last week’s all-time highs past 13.0000 the figure ((November 24). The lira depreciates further on Monday in response to earlier comments by President Erdogan, who once again reiterated its firm opposition to interest rate hikes and sustained his (particular) view that interest rates generate inflation. Erdogan suggested that inflation could grind lower before the election in 2023 and added that the recent high volatility in the exchange rate is decoupled from economic fundamentals. Further selling pressure in the lira came after Turkey’s Economic Confidence Index eased to 99.30 in November (from 101.40). Additional data saw the trade deficit shrinking to $1.44B in October. key levels: So far, the pair is gaining 4.19% at 12.7578 and a drop below 11.5451 (low November 24) would expose 10.7007 (20-day SMA) and then 9.6361 (55-day SMA). On the other hand, the next up barrier lines up at 13.1105 (all-time high Nov.24) followed by 14.0000 (round level). -USD/TRY starts the week on a positive footing. -Turkey’s Economic Confidence dropped to 99.30. -President Erdogan defended once again the low-rate policy. USDTRY can be a profitable investment option. USD/TRY rate equal to 13.0648 at 2021-11-30 (today's range: 12.0455 - 13.0658). ... With a 2-year investment, the revenue is expected to be around +23.60%. Buy & Hold | +ROI Investment Suggestion: LONG-TERM Holding Duration : Min 2 yeasrs Probability: 74% Target: 14.0000-15.8000 INVT Fundamental Report: POSITIVE INVT Technical Report: POSITIVE INVT News Report: POSITIVE - SELLING PRESSURE PRICE 13.0000 - 13.0700 - FAIR BUYING PRICE 12.0000 - 12.3000 - Our option for #USDTRY is LONG TERM HOLDING. It’s important to keep in mind that cryptocurrency markets are extremely volatile, making it difficult to accurately predict what a coin’s price will be in a few hours or a few days and even harder to give long-term estimates. As such, analysts and online forecasting sites can get their predictions wrong. We recommend that you always do your own research and consider the latest market trends, news, technical and fundamental analysis , and expert opinion before making any investment decisions. Be patient and look long term wisely and never invest more than you can afford to lose. Trading & Investing both are the master of RISK. Please comment, like and follow if it was helpful for you. Thank you for your time. Have a profitable day. | Review and analysis by Samadi.Finance |
Long
by AliSamadiTR
11
💡Don't miss the great buy opportunity in USDTRYTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (9.5217). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDTRY is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 69. Take Profits: TP1= @ 9.6500 TP2= @ 9.7000 TP3= @ 9.8000 TP4= @ 9.9000 TP5= @ 10.0000 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
11
💡Don't miss the great buy opportunity in USDTRYTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (9.52172). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDTRY is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 69. Take Profits: TP1= @ 9.6500 TP2= @ 9.7000 TP3= @ 9.8000 TP4= @ 9.9000 TP5= @ 10.0000 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
4
💡Don't miss the great buy opportunity in USDTRYTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (9.34192). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDTRY is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 77. Take Profits: TP1= @ 9.48182 TP2= @ 9.56259 TP3= @ 9.69239 TP4= @ 9.80779 TP5= @ 9.94139 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
15