USDTRY- 13Dec2021

USDTRY- 13Dec2021

On the weekly, price was not able to close above previous highs. We could expect the price to have one last impulsive move up and pull back this week. However noting that market participants are awaiting for Turkey's central bank announcement on the 16Dec21

On the H4 timeframe, prices tried to break above previous highs but faced bearish pressure. We will maintain slight bullish momentum for now

This is for personal record purposes only, not financial advise or solicitation of trade.
13dec21Chart PatternsHarmonic PatternsTrend AnalysisUSDTRY

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