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USDTRY FInal Wave Within Uptrend

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Aug 14 2015

Dollar is bullish when compared to Turkish Lira but we see move out from a triangle in wave (iv) as shown on the 2h chart, which means that uptrend can be in final stages to complete wave 5-circle on a daily chart. Ideally near 2.8800-2.9000. So for the short-term traders there can be still some room for longs after coming black subwave iv.

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USDTRY, Daily


UDSTRY, 2H



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