USDTRY New update 9th Feb 2016

FX:USDTRY   U.S. Dollar / Turkish Lira
My opinion stays the same, I think we can get lower on USDTRY             as the old 2.96 support become the new resistance. To get the 2.82 target, a huge bearish breakout should be done on the 2.91.
hi, thank you for your analysis.. i saw a descending tube, double top and, forming head and shulder, and opened short from 2,95-94-93... my question to you, what is your main reason for to open short?
yanick.jetha PRO MehmetKarakurumer
It's a huge resistance, technically it's a short, fundamental will be different. For now nothing happens in Turkey, so we can keep the short.
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