The USDTRY back at Support
U.S. Dollar/Turkish New Lira FX:USDTRY
Last post: June 3rd. See chart.
Review: Price had bounced off support and the bulls were very much in control but some distance off a breakout.
Update: Price reversed and the bears have pulled price back to the same pivot support level forming a potential double bottom .
Conclusion: Continuing to apply patience until the May high is cleared.
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