If El Presidente keeps his mouth shut
DXY is under pressure and TRY has been one of the weakest currencies against the dollar with market pricing in slowdown in economic growth, and elections in June. A pullback should be expected although our President has a habit of pulling the TRY down by verbally abusing the central bank so caution is due
Open 3 positions or more for the two main targets with additional positions for a continuation. Move stops to protect positions once price has cleared them.
Good Luck!
Open 3 positions or more for the two main targets with additional positions for a continuation. Move stops to protect positions once price has cleared them.
Good Luck!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.