USDTRY 15.4.2025

Technical Analysis
Tuesday, April 15, 2025 - 12:43
Point Trader Group

General Trend:

The price experienced an explosive move, breaking above 38.00, but has since entered a sideways range between 37.88 and 38.36.

Expected Scenario:

Bullish Scenario:

- A clear breakout above 38.36 may push the pair toward 41.03.

Bearish Scenario:

- A break below 37.88 could trigger a drop toward 36.86.

Key Levels:

Resistances: 38.36 – 39.00 – 41.03  

Supports: 37.88 – 36.86 – 35.70

  Disclosure of risk:     Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.


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