vlad.adrian
Long

EURTRY - Ready for a swing

FX:EURTRY   Euro Fx/Turkish New Lira
52 0 3
The weekly chart finds this pair at value
snapshot
. Nothing to say here, chart neutral, although the preceding trend is up.

On the daily chart , there has been a long consolidation period, with a sort of H&S pattern, with a triangle, doesn't really matter what it is, it's going sideways. Today looks to me like either a H&S neckline rejection or a triangle breakout. Anyway, I believe we will see this pair at the previous serious resistance area .
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