Tue, 14 Feb 2017 13:21:04 GMT
TRY/JPY 4 Chart: Channel Up
The Turkish Lira is simultaneously trading in two ascending channels against the Japanese Yen. However, most recently the currency exchange rate reached the upper trend line of the dominant channel. That fact hints at a possible short term change of the direction, as the medium term ascending channel, which guided the rate from the long term pattern's lower trend line