Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (8.4295).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. USDTRY is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 55.

Take Profits:
TP1= @ 8.4585
TP2= @ 8.4850
TP3= @ 8.5110
TP4= @ 8.5510
TP5= @ 8.5855

SL= Break below S2

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ForecastCity English Support Team โค๏ธ
Chart PatternsTechnical IndicatorsTrend AnalysisTRYUSDUSDTRYusdtrybuyusdtrylong

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