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rakimala
Aug 29, 2018 2:48 PM

USD/TRY higher highs on the horizon Long

U.S. Dollar/Turkish New LiraFXCM

Description

I think we finished the third wave for USD/TRY in the short term. we may see a retracement to about 6,20 area which will finish the fourth, after that the short term target is 6,71.

Good Luck,

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So it seems that the revised chart that I drew is working at the moment, if the price holds on the support 6,53 area then we will most likely see a jump to 6,79 and then 7,05 where we may see a resistance.

Comments
rakimala
so I updated the chart a little. previous one was a little sloppy. the new target is 7.38


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