Turkish Lira v South African Rand
There has never been a chart pattern idea for swing traders on this blog. Even if I always been skeptical about the chartist stuff, I admit that from time to time it would be a guide for currency markets where fundamentals tend to change slowly and usually liquidity matters.
And if you’re familiar with emerging markets currencies, you must have realized Turkish lira and South African rand moving very similar ways. The data shows that the TRY/ZAR...