Wed, 16 Jul 2014 06:11:20 GMT
EUR/TRY 1H Chart: Channel Down
The Euro has been losing ground versus the Turkish Lira for almost a month; however, the formation of the bearish corridor started only around 10 days earlier, when the pair's down-trend became more distinct.
At the moment, the currency couple is trading in the lower end of the tunnel and we may witness an accelerating decline before long considering that more