I would consider buying USDTRY before the European session starts tomorrow morning 6-7 am UTC when spread is the smallest.
The move is likely to end CAM R5, we broke the April roof. By the end of April we should be at ca 7.255.
There also other technical reasons for this on which I will not elaborate.
This pair has very high spread in the night and it will not move in the night much anyway.
This is no financial advise.
Top Absolute Correlation 4 hrs
1 USDTRY - USDZAR 93.0%
2 USDTRY - USDCNH 92.2%
3 USDTRY - USDCAD 91.5%
4 USDTRY - ZARJPY -91.5%
5 USDTRY - EURTRY 91.3%
6 USDTRY - EURZAR 90.8%
7 USDTRY - SPA35 -89.6%
8 USDTRY - CADJPY -88.5%
9 USDTRY - BIO30 88.3%
10 USDTRY - CNI30 87.9%
The move is likely to end CAM R5, we broke the April roof. By the end of April we should be at ca 7.255.
There also other technical reasons for this on which I will not elaborate.
This pair has very high spread in the night and it will not move in the night much anyway.
This is no financial advise.
Top Absolute Correlation 4 hrs
1 USDTRY - USDZAR 93.0%
2 USDTRY - USDCNH 92.2%
3 USDTRY - USDCAD 91.5%
4 USDTRY - ZARJPY -91.5%
5 USDTRY - EURTRY 91.3%
6 USDTRY - EURZAR 90.8%
7 USDTRY - SPA35 -89.6%
8 USDTRY - CADJPY -88.5%
9 USDTRY - BIO30 88.3%
10 USDTRY - CNI30 87.9%
Trade closed: target reached
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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.
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.