The USDTRY Moves into Consolidation
U.S. Dollar/Turkish New Lira FX:USDTRY
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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