New expectation!

EURO / TURKISH LIRAICE

Description

⋅ Jul 27, 2021 4:02 PM

The EUR/TRY breaks below our trendline. We now see a bigger correction on the loom. Wave 5 in orange should now be completed and the next move belongs to the bears. We now expect declines down to the 9.74 TRY area.

What's your take?