EUR/TRY Continues to Consolidate in a Narrow Range
Monday, 8 July 2024, 22:41
EUR/TRY Forecast Overview
After hitting an all-time high on March 21st, the EUR/TRY currency pair has been consolidating in a narrow trading range.
Key Points:
- Upper Boundary: 35.59-35.42 (Peak of March 21st to Close of June 4th)
- Lower Boundary: 34.33-34.45 (Low of April 1st to Close of April 15th)
Traders are eager to see if the pair will eventually break out of this range and establish a new trend.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.