USDTRY currency pair is trying to conquer all-time high
The USDTRY currency pair continues to grow in forex. Bullish traders take the price up with renewed vigour. The price exceeded the level of 8.7935, which was the last all-time high and created a new one. The last level that the price conquered was the level of 0.8900. We placed a pending order to open a position at a flat price of 0.8900, which is above this level. The MACD indicator is above the zero level and does not show divergence.
Order Type: Pending Order - Buy Stop
Entry Price at 8.9000
Take Profit at 8.9500
Pips Earning: 500
Forex trade strategy for major currency pairs:
EURUSD sell at the price of 1.1680
USDJPY buy at the price of 111.00
GBPUSD buy at the price of 1.3710
USDCHF buy at the price of 0.9295
The result of a trade recommendation.
Daily forex technical analysis from AZAforex
The profit can be $711.24 if the trading volume of 100000 USD (1 Lot).