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U.S. Dollar / Turkish Lira

High Pole formation with USD/TRY as shown.

By thecharttechnician
High poles can be read as reversal signals which may indicate that the bullish impulse move of late is at a stop/halt in the short/medium terms (bull trend is still intact).This indicates a correction period being underway like the previous two boxes as shown. Watch the support shown at 10.82. This is the critical support level.
This analysis is not a financial advice.

Chart Patterns

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