USDTRY offset some losses while uptrend sustain

USDTRY offset some losses while uptrend sustain

Rami
25 (07) 2016 - 09:21 (GMT)
0

Intraday levels showing support levels which may drive for farther advance on USDTRY , since the failed coup attempt market head for uptrend wave that will face support levels as we see over the chart

first support zone at (3.0000-125) where as long as market holding above this zone more advance will be expected toward 3.0800

below 3.0000 more drop will be expected where market will face support zone at 2.9260

Long(Buy) positions still favored with stop loss below 3.0000 to avoid risk of more drop

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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