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UnknownUnicorn890690

EUR/TRY 4H Chart: Euro at new heights

Alış
Euro / Türk Lirası (FX:EURTRY)  
UnknownUnicorn890690 Güncellendi   
FX:EURTRY   Euro / Türk Lirası
Trend Analysis Technical Indicators Chart Patterns EUR TRY EUR TRY euro turkish lira
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trendanalysis indicator chartpattern eur try eurtry euro turkish lira
The common European currency continues to book new high levels against the Turkish Lira. On all timeframes and scales the currency pair is surging and it has been like that for a few years.

In the short term the pair is set to continue the surge. It should occur after the currency exchange rate finds support in a combined support cluster near the 4.66 mark.

Afterwards the Euro will have the range up to the 4.7930 level free from resistance against the Turkish currency.
Yorum:
Due to the request we are posting a short described update.

The recent decline seems to be following the template of the USDTRY.

We have mapped the most junior channel down and it can be seen below.

snapshot
Feragatname

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