The USDTRY Forming a Trend
U.S. Dollar/Turkish New Lira FX:USDTRY
We last posted on the USDTRY on May 4th when price had just broken resistance.
Since then, the bulls have continued to dominate the market, breaking out again in the process and triggering further long trades.
We want to see price continue to trend in the same linear fashion towards 5.0000.
This is looking strong for a trend continuation.
Any comments or questions, do not hesitate to leave them below. Hit agree if you share our sentiments!
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