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EURTRY Update

This is a currency which has quite frankly been decimated in recent years.

The Turkish Lira has lost almost 90% of its value since 2017.

Just imagine that – your money in your own bank account losing app 90% of its value over a 7 year period.

How do you buy from abroad? How to do travel? How do you trade? All with great difficulty to put it mildly.

Right now EURTRY is very much consolidating, taking a deep breath, deciding what to do next.

We see buying opportunities at circa L1 and L2 and shorting opportunities at S1, S2 and S3 and further on as well.

Whether you are a beginner, or an advanced trader, our team of professionals are available to help you to Trade Confidently every day.

For much more insights and specific software join the LetsTrade Club and Remember LetsTrade Confidently Every Day.

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USDJPY Update

USDJPY has been relatively flat since the 19th March 2024.

One can clearly see Support and Resistance both appearing and then becoming interchangeable afterwards ie Support becoming Resistance and vice versa.

We view USDJPY as a high potential market to break one way or the other.

There is so much uncertainty out there on literally countless fronts, as seen by Gold soaring, hence we view USD based pairs as very interesting right now.

We view Longs at circa 152 as quite appealing just above L1.

Shorts seem to be a long way off but starting becoming interesting circa 149 at S1 and then also 146.5 at S2.

Whether you are a beginner, or an advanced trader, our team of professionals are available to help you to Trade Confidently every day.

For much more insights and specific software join the LetsTrade Club and Remember LetsTrade Confidently Every Day.

www.letstrade.com