EUR/TRY breakout imminent?
After doubling from 4 to 8 in 12 months from mid 2017 to mid 2018, the turkish lira rested for a while.
Currently it looks pretty "wedgy" to me, as I indicated with the trend lines.
Since the country is still politically rather "shaky" there might be a breakout to the upside imminent with first target price around 8.
Currently it looks pretty "wedgy" to me, as I indicated with the trend lines.
Since the country is still politically rather "shaky" there might be a breakout to the upside imminent with first target price around 8.
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