USDTRY- 10Dec2021USDTRY- 10Dec2021
On the H4 timeframe, prices are consolidating near the highs. Market participants are awaiting for Turkey's central bank announcement on the 16Dec21 for further indication. However, we could expect price to bounce to the weekly impulsive Elliot Wave 5 at 1st Resistance at 14.38 before facing bearish pressure.
This is for personal record purposes only, not financial advise or solicitation of trade.
