Thu, 02 Mar 2017 07:42:43 GMT
USD/TRY 1H Chart: Channel Up
USD/TRY set foot in an ascending channel pattern on February 23, and has been respecting its bounds ever since. The pair has just hit the daily R1 at 3.7691 and is showing trouble to push through, suggesting that the up-wave might be complete for now and the bottom boundary might come into play sometime soon. Immediate support lies at 3.6659