meszaros

USDTRY dollar strength...

OANDA:USDTRY   U.S. Dollar / Turkish Lira
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An upward wave may be formed in the exchange rate, which can only be regarded as a correction. This wave may rise to 6.0 usd. Then another downward wave structure can be expected. The target price is 5.55 usd level environment.
Comment: Correction wave movement was lagging behind, however, the exchange rate reached the end of the correction level. This is a prolonged TRY weakening.
Thanks for keeping me reminded about this one.
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