Doubtful. I dont think it has any solid reason to go down, because it isnt forming a stable resistance. I think it has a chance of reaching 3 this week.
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just watch
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DownUnder suburra
its doing something strange now
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FDK suburra
still watching :)
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FDK suburra
if it passes 2.985, it will be a huge long opening for next week.
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how?
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FDK suburra
2.98 has always been an important pivot point, and if that resistance doesnt hold, i suspect USDTRY may build up enough momentum to get past 3 and test 3.05's again.
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agree it is... will go to 3.05... but this is a (1) or (a) leg... before correction to 2.89-2.9 it cannot test this level.
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and it will hit 3.09 not 3.05... but first correction...
snapshot
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FDK suburra
Dollar index just broke a big resistance and is expected to fly next week, while turkish politics continue to be unstable. I think it should go longward
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yes in big picture dxy is bullish... but they cant go only up up up... they must do corrections. If you want you buy. But im not buying this pair.
snapshot
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