LiteForex - Analytics


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    USD/TRY: technical analysis on 09.11.2015

    On the daily chart, the pair broke out the middle MA of Bollinger Bands and growing towards the upper MA of the indicator. The price is trading above the EMA130, EMA65 and EMA13 that are directed up. The RSI is testing its most recent resistance but forming is small divergence with the price and the Composite, which is also approaching its resistance.


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