USDTRY possible running flat as tension rises
In the Dollar & Turkish Lira pair we could potentially have finished a running flat abc correction (in a running flat the c waves doesn't reach a new high or low point). Its still to early to say whether we have broken out of the structure to the upside but this pair should definitely be monitored, as a new impulsive move to the upside could be in play. Trump already announced he would "destroy" Turky economically if they proceed with their actions in Syria.