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USDTRY H4 Tech. Overlook

FX:USDTRY   Dolar A.S. / Lira TurkI
The price direction looks like upwards in USDTRY pair, which closed last week just under an important resistance channel, provided that it breaks this resistance channel and makes an H4 candle closure over it. If the price breaks loose from the support line indicated with blue arrow, then 5.16 band which corresponds to the previous H4 support channel can be re-tested. There are important topics on calendar in this week. Those should be kept under scope.

Penafian

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