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FXTurkey
Jul 16, 2019 11:33 AM

USDTRY Technical Outlook Before The Interest Rate Decision Long

U.S. Dollar/Turkish New LiraFXCM

Description

Price pattern is suitable for scaling in.

If the price breaks the price pattern with the help of the rate decision, 5.82 level will be easy.

If not, we still don't think that prices lower than 5.65 is not permanent.

Than you for your likes and comments. Keep them coming.

Good luck.

Trade closed: stop reached

Our bias stays intact but cutting losses under 5.65 level is the wise action to take for now. We'll monitor the pair for future long opportunities.
Comments
zaferkilic52
Thank you.
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