USDTRY HEW Update

24 set 2014

USDTRY Heading ~1.2850 levels. We are now inside Wave v of Wave (c) of Wave (iii) in a major uptrend. Current movement may have some halt and some modest correction to continue to upside. Given that we started current rally from just below 2.08, Wave above 2.15 and Wave [ii] at around 2.085 with 80% correction and with modest Wave of Wave [iii], we can have shallow Wave [iv] around %23.8, %33.3 or %38.2 correction