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USDTRY: Channel Up on 1D. Buy opportunity.

Long
U.S. Dollar / Turkish Lira (OANDA:USDTRY)  
InvestingScope  
OANDA:USDTRY   U.S. Dollar / Turkish Lira
Trend Analysis Chart Patterns Technical Indicators USDTRY USD TRY DJ FXCM Index dollar turkishlira Forex Currencies currency
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trendanalysis chartpattern indicator usdtry usd try usdollar dollar turkishlira forex currencies currency
The pair is trading within a Channel Up on 1D (RSI = 62.022, MACD = 0.054, Highs/Lows = 0.0493) since the August bottom. It is currently in the process of pulling back for a Higher Low and that will be our opportunity to buy. TP = 6.1000. Notice how when the RSI turns sideways it denotes a Channel pattern, both on the downtrend and uptrend.





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