The USDTRY Moves into Consolidation

FX:USDTRY   U.S. Dollar / Turkish Lira
Last post: June 14th. See chart.

Review: The bulls had resumed strength in the market but price still needed to break and close above the pivot high.

Update: Price has moved into a mini area of consolidation and so still requires the breakout. This is still very much bullish .

Conclusion: Continuing to apply patience until the breakout is confirmed.

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