FX:USDTRY   Dollaro / Nuova lira turca
2
The price has turned from 2.86 and the previous idea ("1.9") seemingly held true by the first upward spike which has broken the downward channel. Then the spike had a .618 retracement after which one might want to see the continuation of the upward movement. However, .5 lower median parallel still holds as a resistance. It might be a good idea to T/P for now and see which arrow the price will follow. Booking the profit is also wise for this pair because of the upcoming 5-day holiday in Turkey.
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