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elbistan
Jun 6, 2017 7:16 PM

Potential to see 3.40.  Short

FX_IDC:USDTRY1D
U.S. DOLLAR / TURKISH LIRAICE

Description

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USD/TRY has been in a Falling Wedge since March. There is a potential for another upside but it seems very unlikely. I Think the major breakout will be to the downside.
This is my analysis.

Comment

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It has broken the trend line.
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