TRY/USD
Given that the index is channeled from about 0.193 and the previous wave can be considered the end of the function, the 5 specified waves are standard and due to the short correction wave after hitting 0.117, one can expect the formation of an expanded band.
Accordingly, the value of the Turkish lira should increase against the dollar and is confirmed by passing the 0.12 scenario
Penetration loss to $ 0.114
Given that the index is channeled from about 0.193 and the previous wave can be considered the end of the function, the 5 specified waves are standard and due to the short correction wave after hitting 0.117, one can expect the formation of an expanded band.
Accordingly, the value of the Turkish lira should increase against the dollar and is confirmed by passing the 0.12 scenario
Penetration loss to $ 0.114
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Providing you with the best & most accurate analysis based on CryptoCurrency & Forex markets.
Follow us on Telegram at t.me/IrCryptoClub