USDTRY is unable to resist the onslaught of bulls
The US dollar puts a lot of pressure on the Turkish lira. A few days ago, the currency pair made a new all-time high. Now the trend is gaining strength and is going up again. There is enough power reserve for the price movement up to the level of the historical high. We will join the bulls and set a target in this trade of at least 500 pips.
Order Type: Pending Order - Buy Stop
Entry Price at 9.7500
Take Profit at 9.8000
Pips Earning: 500
Forex trade strategy for major currency pairs:
EURUSD sell at the price of 1.1570
USDJPY buy at the price of 114.00
GBPUSD sell at the price of 1.3600
USDCHF sell at the price of 0.9100
The result of a trade recommendation.
Daily trading analysis of the Forex currency pair
The profit can be $711.24 if the trading volume of 100000 USD (1 Lot).