meszaros

The EURTRY exchange rate moves sideways...

Long
FX:EURTRY   Euro / Turkish Lira
The EURTRY exchange rate moves sideways. We assume that the bottom level of the exchange rate is around 4,0193 levels. The top of the bar is 4.2240 In the band we expect two waves. Then we assume an increase. The primary purpose of the rise is around 4,5668 levels. Then there is a quarter-wave bandwidth correction and a new increase. For the summer of 2018, the exchange rate is expected to be close to 5,0344.

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