Mon, 10 Mar 2014 12:41:26 GMT
EUR/TRY 1H Chart: Channel Up
Although the first part of February EUR/TRY remained quite flat, in the end the Euro started to outperform the Turkish Lira, eventually leading to formation of the upward-sloping channel.Given that last Friday the currency pair bounced off the lower edge of the corridor, it is expected to remain on a bullish path at least until the resistance near 3.11 is