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GannMarkets
Mar 18, 2019 2:29 PM

IN THE USD/TRY, PENNANT FORMATION OCCURRED. Long

U.S. DOLLAR / TURKISH LIRAICE

Description

In case of breaking the upper band of pennant formation 5.4700 resistance in the USDTRY parity stream, our target levels will be 5.54 first and 5.65 after.

Below is our critical support point 5.4420. Under this support, sales can be accelerated and our target level will be 5.38.
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