Coinpedia-Market-Insight

USDTRY Breakout of it's resistance

OANDA:USDTRY   U.S. Dollar / Turkish Lira
* USDTRY was trading below it's resistance zone near 8.58000, now it breaks it's resistance and retesting the same level.
* The previous resistance for the price is now working as support. After a proper retest we can expect a healthy move till 8.77000.
* USDTRY is bearish below it's support zone.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.