USDTRY- 14Feb2022USDTRY- 14Feb2022
On the weekly, this week will be the 7th week that USDTRY is consolidating sideways. If it fails to breakout higher either this week or next, we could expect it to drop back to 20EMA at 20.32
On the H4, price seems to have broken above the upper trendline wedge. As long as price can stay above this upper trendline, it is likely to once again bounce higher to retest the pivot at 13.620 level.
This is for personal record purposes only, not financial advise or solicitation of trade.