MY LAST UPDATE TO USDTRY WAS AT 8.12.2013
USDSTRY Techincal review
SUPPORT AREA AT 2.01
KEY SUPPORT AT 1.9930
TARGET IF KEY SUPPORT HOLD 2.18 AREA
KEY SUPPORT AT 1.9930
TARGET IF KEY SUPPORT HOLD 2.18 AREA
NOW WHAT WE HAVE ……….
usdtry roll down to 2,16 area after the last record at 2.39 at last week
the reason for that is because the Turkish bank raised the swap to 12%
The dollar was lower against the Turkish lira for a second session on Tuesday after Turkey’s central bank signaled
from technical review we could expect this movement
now the support level for usdtry stay at 2.13 area
while key support stay at 2.06 area
resistance level stay in 2.27 area
This review does not include any document and/or file attached to it as advice or recommendation to buy/sell securities and/or other advice
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