Looking at the USD/TRY pair for 1 day, it is noticeable that it is gaining some pips at the price level of 18.0290 Should there be a continuous appreciation in the price, the next resistance level will be 18.0200, with the next support level at 17.9200.
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A binary option is a type of option with a fixed payout in which you predict the outcome from two possible results. If not, you lose your initial stake, and nothing more.