English
USDTRY 28.12.2021
Overview:
The pair is trading sideways
Expected scenario:
The above chart shows that the pair is trading below a strong resistance level around 12, which enhances the chances of a drop to 10.50
Alternative scenario:
On the other hand, we see that if the 12 level is broken upwards, it may push this pair to rise to 13.40
Resistance levels
12.00
12.50
13.00
Support levels
11.00
10.50
10.30
*Risk Disclaimer: 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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