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29nov21

USDTRY- 29Nov2021USDTRY- 29Nov2021 On the weekly, USDTRY pulled back after hitting 1st Resistance at 13.235. We maintain neutral for now and there is a slight chance that price could bounce up to retest this level this week. On the H4 timeframe, prices faced bearish pressure from 1st Resistance at 12.511. We will need to monitor the price action for further clue. There is slight chance that price bounce up to retest recent highs. This is for personal record purposes only, not financial advise or solicitation of trade.
by TTMFS
DXY - 29Nov2021DXY - 29Nov2021 On the weekly, DXY faced bearish pressure pulling back from its Inv H&S target around 96.89 area and pull back to 1st Support at 95.84 to form a doji. We could expect it to retest this level this week. On the H4 time frame, prices pulled back into ascending channel and support at 95.765. We could expect a short-term bounce to 1st Resistance at 96.345 and monitor price action again for further directional indications. This is for personal record purposes only, not financial advise or solicitation of trade.
TVC:DXYLong
by TTMFS
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