The US dollar has dealt a new blow to the Turkish lira

  • May 11 2022
  • by
  • Analyst AZA
The US dollar has dealt a new blow to the Turkish lira

The US dollar has dealt a new blow to the Turkish lira

The Forex currency market has not been calm in recent days. The direction of trends changes from day to day. The USDTRY currency pair has been at rest for a long time after a sharp price up. Trading with currency TRY has become volatile. Buying a currency pair after the breakdown of the nearest fractal is how to trade on the forex today.

Symbol: USDTRY
Order Type: Pending Order - Buy Stop
Entry Price at 15.4000
Take Profit at 15.6000
Pips Earning: 2000

Trading strategy forex:
EURUSD sell at the price of 1.0470
USDJPY buy at the price of 130.60
GBPUSD sell at the price of 1.2260
USDCHF buy at the price of 0.9965

Result of a trading recommendation

Result of a trading recommendation for USDTRY

Setting forex trading profit orders is a necessary measure on the best platform to trade cryptocurrency.
You can learn how to trade with bitcoins after registering with broker us forex.
Daily trading tips for successful forex strategy trading from best option brokers AZAforex.

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Strategy of forex trading
The profit can be $1492.54 if the trading volume of 100000 USD (1 Lot).

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