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AlmightyPips

USDTRY Bullish Signals From Trump

Panjang
Dolar A.S. / Lira TurkI (FX:USDTRY)  
AlmightyPips  
FX:USDTRY   Dolar A.S. / Lira TurkI
Support and Resistance Fibonacci Fundamental Analysis
3
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supportandresistance fibonacci fundamental
As more conflict with Turkey going on in the middle east. US has decided to impose sanctions on the TRY people. The sanctions are not in effect yet but since the news of the release TRY has depreciated over 1% giving USDTRY and EURTRY over a 1% gain.
Trump stated he will destroy the economy if necessary.
Technical perspective has support from 61.8 FIB and broke a resistance level. May be the start of a Bullish Trend.
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