USD/TRY Outlook: Bulls Hover around 7.00 Barrier and Ready for Eventual Break Higher

<p>The pair is trading near magnetic 7.00 barrier which so far resists attacks but maintains firm tone and shows signs that eventual break would occur soon. Shallow pullback after initial test of 7.00 level last week, signaled that bulls ignore the action of state-controlled banks in attempts to slow lira’s fall by heavy selling of […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/290813-usd-try-outlook-bulls-hover-around-7-00-barrier-and-ready-for-eventual-break-higher/">USD/TRY Outlook: Bulls Hover around 7.00 Barrier and Ready for Eventual Break Higher</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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