USDTRY Has started the classic end of the year rally

On our last analysis about USDTRY we mentioned about the levels that you can increase weight for long positions.

Now we're at the 5.75 resistence after the consolidation price will eventually rally up to 5.80s.

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Comment:

Correction is about to end. We'll achieve our target as soon as ressistance is broken

Trade closed: target reached:

5.80 level is tested as expected.
Price overshoot to 5.85 and correcting now.