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Apr 9, 2016 1:30 PM

USDTRY Forming Long Channel. Long

U.S. Dollar/Turkish New LiraFXCM

Description

It seems, atleast for midterm that the Lira might be losing some strength, with prices possibly retreating back to 2.90's.
This is a possible Long Channel that seems to be forming. If the price confirms this support line on Monday, it is quite possible that 2.90's resistance may be tested by Friday.
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