Elliott Wave Analysis: USD/TRY Points Lower

Hi traders,as expected, USD/TRY is moving nicely lower after that three-wave a)-b)-c) corrective rally. So, more weakness in view towards our 5.0 long-term projected target, especially now when we see a broken channel support line and if price breaks even beneath 5.66 region, then we have a confirmation for a bearish continuation!

USD/TRY

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