peterbokma

USDTRY-RANGE and feel upside bias

Short
peterbokma Updated   
FX:USDTRY   U.S. Dollar / Turkish Lira
We have not changed an inch almost on the currency pair, and that is worrying. It is like flipping of a coin in seeking direction.

For now, SELL strategy better fit since we are near resistance 14.25 (14.3500 stop-loss) and also we are moving below the cloud coming sessions. This is usually a negative sign so I still believe we see lower 11.80-10.50 short-term.

Once the resistance 14.23 is broken, will ignite sharper up move.
Comment:
please read DOWNSIDE BIAS

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