USDTRY Downside should not be permanent

Diupdate
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

Thank you for supporting our team with your likes.

Good luck.
Catatan
cuplikan
Price has tested the trendline today. Waiting for reversal signs before we consider to trade
Trading ditutup: target tercapai
cuplikan
Gapped monday open provided 2.000 pips move.
Multiple Time Frame AnalysisSupport and ResistanceTrend Analysis

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