Hi everyone! Technical indicators indicate temporary oversold of USD/TRY. Now pair continues the movement in a local downside channel, but approaches support at the level of 8.59-8.60. On it I expect the movement up to the upper bound of the channel.
Purchase from the support noted on the chart. TP = 8.6760 SL = 8.58419
Information provided is only educational and should not be used to take action in the market. This section is intended for short-term speculation. Be ready to leave a position at any time.