USDTRY UPDATE

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

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

אין בסקירה זו לרבות כל מסמך ו/או קובץ המצורף לו משום יעוץ או המלצה לקנייה / מכירה של ני"ע ו/או מכשיר אחר.