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JonasBenjaminFriedrich

USDTRY possible running flat as tension rises

Dolar A.S. / Lira TurkI (FX:USDTRY)  
JonasBenjaminFriedrich  
FX:USDTRY   Dolar A.S. / Lira TurkI
Trend Analysis Harmonic Patterns Wave Analysis USDTRY LONG swing correctivestructure Forex
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trendanalysis harmonicpatterns waveanalysis usdtry long swing correctivestructure forex
In the Dollar & Turkish Lira pair we could potentially have finished a running flat abc correction (in a running flat the c waves doesn't reach a new high or low point). Its still to early to say whether we have broken out of the structure to the upside but this pair should definitely be monitored, as a new impulsive move to the upside could be in play. Trump already announced he would "destroy" Turky economically if they proceed with their actions in Syria.
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