Turkey Lira advanced on domestic demand

Turkey Lira advanced on domestic demand

Rami
02 (08) 2016 - 13:20 (GMT)
0

With Turkey domestic icreasing demand for Lira and with pair USDTRY broken below 3.0000 levels a drop correction wave still affecting market that will face support level at 2.9260

market still holding trades inside downtrend channel with resistance level at 3.0030 where as long as market holding below this zone the downtrend movement will sustain toward 2.9500 & 2.9300

above 3.0030 market may add more bonus where pair will face resistance at 2.0250 , while above this level the uptrend wave may back to affect market toward 3.0700

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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