Hello Traders,
Today, with the outperformed growth data, Turkish Lira gained around 1% made a successful retest to the breakout zone of formed ascending triangle.
I expect that the currency will gain momentum to finalize the movement through the target of the continuation pattern.
My target area for the currency is $8.95-$9.00.
8.95 is a nice level to take your profits and watch closely to continue, close or may be add new positions considering the facts.
Thank you and stay tuned for more strategies!
Please leave a like and comment what you think.
Wish you have a well start of the week and trade safely
Today, with the outperformed growth data, Turkish Lira gained around 1% made a successful retest to the breakout zone of formed ascending triangle.
I expect that the currency will gain momentum to finalize the movement through the target of the continuation pattern.
My target area for the currency is $8.95-$9.00.
8.95 is a nice level to take your profits and watch closely to continue, close or may be add new positions considering the facts.
Thank you and stay tuned for more strategies!
Please leave a like and comment what you think.
Wish you have a well start of the week and trade safely