LiteForex - Analytics

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    USD/TRY: technical analysis on 04.01.2016

    On the daily chart, the pair is trading along the middle MA of Bollinger Bands. The price remains between the EMA50 and EMA100 that are parallel to each other. MACD histogram is in the positive zone, its volumes are very low and not changing. ADX indicates a fall, DI lines are crossing each other and directed down.

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