Initially I had a SELL position, but liquidated early 95.68. We have extended the move further even below 95.00.
This has caused the weakness of USD across the board, including USDTRY of course.
For now, I feel stochastic is overdone (RSI a little lesser overdone). The DMI is negative for quite some time, and same for the MACD.
I prefer to carefully BUY 94.75-95.00 for a move back to 95.78. Stop-loss 94.50 for now.
This has caused the weakness of USD across the board, including USDTRY of course.
For now, I feel stochastic is overdone (RSI a little lesser overdone). The DMI is negative for quite some time, and same for the MACD.
I prefer to carefully BUY 94.75-95.00 for a move back to 95.78. Stop-loss 94.50 for now.