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mkanik
Aug 29, 2018 9:02 PM

Target to the space... in case a weekly close above 6.40. Long

U.S. Dollar/Turkish New LiraFXCM

Description

A reversal pattern has appeared on the weekly chart. Low volume in corrective waves was the first sign of the higher prices are coming. A weekly close above the 7 will not let the price below it easily. The price can retest 7 after hitting the 8. But ultimately, it will stall around 7.8 or above.
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