Turkey Lira blocked by resistance levels

Turkey Lira blocked by resistance levels

Rami
19 (10) 2016 - 09:27 (GMT)
0

As we see over the chart USDTRY still holding Triangle Formation where as long as market sustain trades below (3.1150) another drop wave may hit market to re-test (3.0000) levels within Short-Run.

This model will face several support levels which may give market chance for some rebound correction first support at (3.0650) and second support at (3.0330).

Above (3.1150) market may add more advance toward (3.1320) and (3.1550).

 

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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