TRYJPY is the best 2017 pairs to buy compared to the rollover.
TRY has lost the most aganst USD and CHF. With EUR and GBP next. TRY has lost the least against JPY due to BOJ easing policy 2012
(4H) TRYJPY SETUP
Target 32/34 (see chart)
Turkey macro is going better. Just be careful on April (some government changes possible)
GBP NZD TRY
It looks like it has reversed from the strong support we have as per chart and RSI indicates oversold. Stop loss below 29 seems a safer option and uptrend will be quite strong. It can go up as high as 32 for now.
Good luck and stay safe!
needs to drop a tad to B before the rally up to C...
TRYJPY - STRONGLY BULLISH TRY
Pays an excellent overnight premium.
Perfect hedge for JPY pairs?
SL above D (34.022)
Expecting price to pull back and continue north.
Order will expire at 1220 U T C -4 if not activated by then.
Order cancels 1 minute before current candle finishes painting if not activated.