USDTRY Downside should not be permanent

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After fed news and optimistic environment usdtry is trading red but we think that supports are strong.

It is very unlikely to price to break the trendline, even it breaks, prices speacially lower than 5.50 can't be sustained.

Either way we foresee higher price levels. If 5.65 holds we may see a rally higher from this .618 fibonacci level

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Good luck.
Ghi chú
ảnh chụp nhanh
Price has tested the trendline today. Waiting for reversal signs before we consider to trade
Đóng lệnh: đạt mục tiêu
ảnh chụp nhanh
Gapped monday open provided 2.000 pips move.
Multiple Time Frame AnalysisSupport and ResistanceTrend Analysis

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