USDTRY 10.03.2021

Technical Analysis
Wednesday, March 10, 2021 - 11:37
Point Trader Group
USDTRY 10.03.2021

Overview:

Prices are moving in a short term downtrend

Expected:

The pair is trading above a strong support level around 7.5644, which enhances chances of a bullish move during today's trading to 7.6581

Alternative Scenario: 

On the other hand, we think that if the level of 7.5644 is broken to the downside, this pair may push further down to 7.5083.

 

Resistance7.65817.69587.7145
Support7.57777.56447.5270

 

 

  Disclosure of risk:     Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.


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