USD/TRY Price Analysis: Stays on the way to 15.00 By anilpanchal7 USDTRY Technical Analysis SwingTrading ChartPatterns SupportResistance
MACD conditions portray buyers losing momentum inside short-term rising wedge bearish chart pattern.USD/TRY grinds higher around 14.85 during Tuesday’s Asian session.
Alternatively, the 10-DMA level of 14.75 restricts the immediate downside of the pair ahead of the wedge’s support line, close to 14.70 at the latest. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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