LewisGlasgow

USD/TRY - Market Direction

FX:USDTRY   USA-dollar/Turkisk lira
Today we're taking a look at the future market direction of USD/TRY on a Daily chart . You can clearly see price has creating multiple levels of support and resistance and trading within a solid channel since early 2015 with one breakout during July to October this year.

We have just bounced off our trendline at 3.47500 and I can see price pushing lower before continuing the bullish move :)

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