| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Buy |
| RSI (14) | Buy | Buy | Neutral |
| Stochastic (5; 3) | Neutral | Buy | Buy |
| Alligator (13; 8; 5) | Sell | Sell | Buy |
| SAR (0.02; 0.2) | Buy | Sell | Sell |
| Aggregate | ⇒ | ⇒ | ⇗ |
[ANNOUNCE] The EUR/TRY currency pair breached the falling wedge south. The rate has been trading south and reached the psychological level at 6.25. [/ANNOUNCE]
Given that the exchange rate is pressured by the 55-, 100– and 200-hour SMAs, the general direction is expected to remain south within the scope of the next week. It is likely that this decline is bounded in a descending channel.
It is the unlikely case that some bullish pressure still prevails in the market, the Euro should not exceed the 200-hour SMA, currently located at 6.4372.