USDTRY still holding the uptrend wave

USDTRY still holding the uptrend wave

Rami
16 (09) 2016 - 11:37 (GMT)
0

After the success of breaking above resistance (2.9700) the USDTRY managed to head for trading zone which uptrend outlook still valid where target still toward (3.0200) as our previous report advised (see here).

Intraday-Levels showing support at (2.9620) where as long as market holding trades above this zone the uptrend wave will sustain toward (3.0200).

Below (2.9620) market may risk for farther drop movement which may trigger stop loss and watch market.

 

USDTRY

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Rami

Rami

Hi all, my name is Rami, with more than 16 years experience in Forex Market, switching from Brokerage field to Fund Management and Risk Management specialty.I had an idea to establish a Home Page to present my thoughts on Forex Market from three different angle or prospective, Mid-Run, Short-Run & Intraday movements .

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