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USDTRY What's next ?
U.S. Dollar / Turkish Lira
Long
USDTRY What's next ?
By FXTurkey
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Updated
Mar 1, 2019
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Feb 21, 2019
After reaching 5.32 level (
tr.tradingview.com/chart/USDTRY/4O6O4etU-USDTRY-Short-Term-We-re-shooting-for-5-32/)
price has retested and respected the level
Buyers think that 5.32 is cheap now which increases the buying pressure.
The next consolidation level will be 5.35s
Thanks for your comments , let us know what you think about. Good luck
Mar 1, 2019
Note
Price has consolidated in a flag formation instead of descending triangle and went up to test 5.35
Chart Patterns
Fibonacci
Trend Analysis
FXTurkey
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