Long USDTRY for wave 5 completion on the hourly chart. There is a possibility it could go lower to the lowest target on my chart, but the over all trend is bullish.
The Turkish lira vs the euro is about to make a big move in either direction, with Bollinger band starting to squeeze. A big move down would open up a fantastic carry trade opportunity considering the swap. For a similar diea, consider the rand, but with the possibility of gold falling after the referendum, I prefer this trade.