The USDTRY has climbed back and is trying to retest the highs.
The GANN resistance is strong, and even a spike may be a short moment of time only is my personal view.
The RSI daily chart above 80.0 again and the weekly still 92.0 which is a strong message of caution.
Strategy SELL current 12.85 - 13.15 for move to 11.0800 > 10.0300.
Short-term expect 11.08 revisit and 10.0300 medium-term for now to release some market pressures before it can decide which way further.
The GANN resistance is strong, and even a spike may be a short moment of time only is my personal view.
The RSI daily chart above 80.0 again and the weekly still 92.0 which is a strong message of caution.
Strategy SELL current 12.85 - 13.15 for move to 11.0800 > 10.0300.
Short-term expect 11.08 revisit and 10.0300 medium-term for now to release some market pressures before it can decide which way further.
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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.