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Theworldisflat

USDTRY - Future of USDTRY Turkish Lira

Long
U.S. Dollar / Turkish Lira (FX:USDTRY)  
Theworldisflat Updated   
FX:USDTRY   U.S. Dollar / Turkish Lira
Trend Analysis Wave Analysis Beyond Technical Analysis USDTRY usdtrylong turkishlira turkey turklirasi turkiye turkishstocks
3
7
trendanalysis waveanalysis beyondta usdtry usdtrylong turkishlira turkey turklirasi turkiye turkishstocks
Expecting USDTRY to end correction around 4.80-5.00 and consolidate there for a while and start a new rally in 2019.
This is how trends works, never use straight lines or channels to forecast future of financial instruments. Trends are not linear, trends are exponential.
Comment:
First resistance is 6.90, and it will consolidate there. Once break 7.17 it next target will be 8.75 and 9.60
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