| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Sell | Sell | Sell |
| Stochastic(5;3;3) | Neutral | Sell | Sell |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇒ | ⇒ |
Since the end of August, the USD/TRY currency pair has been trading, guided by an ascending trading line.
Given that the exchange rate is supported by the 55-, 100– and 200-period moving averages in the 7.4270/7.5630 area, it is likely that some upside potential could prevail in the market within the following trading sessions.
In the meantime, it is unlikely that bears could prevail in the market, and the currency pair could decline below the psychological level at 7.2000.