AzrulAzir

USDTRY New support and resistance

Long
FX_IDC:USDTRY   U.S. Dollar / Turkish Lira
USDTRY New support and resistance

After success out of seller zone with break up head and shoulders pattern last week, USDTRY found new support at 3.5104 and new resistance at 3.5782,
and right now try to hit fibonacci retracement internal pattern at 3.5620

As long as bullish trendline not break, 3.5620 will be target for next 10 days

Disclaimer :
This analysis not include personal feeling/opinion, and pure base on technical analysis
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.

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