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USDTRY Has started the classic end of the year rally
U.S. Dollar / Turkish Lira
Long
USDTRY Has started the classic end of the year rally
By FXTurkey
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Updated
Oct 7, 2019
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Oct 2, 2019
On our last analysis about USDTRY we mentioned about the levels that you can increase weight for long positions.
Now we're at the 5.75 resistence after the consolidation price will eventually rally up to 5.80s.
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Oct 7, 2019
Note
Correction is about to end. We'll achieve our target as soon as ressistance is broken
Oct 8, 2019
Trade closed: target reached
5.80 level is tested as expected.
Price overshoot to 5.85 and correcting now.
Beyond Technical Analysis
Trend Analysis
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