The pair may grow.

On the daily chart, the fifth wave of the higher level 5 develops, within which the wave (3) of 5 forms. Now, the wave of the lower level 3 of (3) is forming, a local correction has ended as the wave 4 of (3), and the wave 5 of (3) is developing. If the assumption is correct, the pair will grow to the levels of 7.2590–7.6000. In this scenario, critical stop loss level is 6.6731.

Since the beginning of this month, the USD/TRY pair has been trading within the uptrend but this week, the growth stopped and the price moves sideways around​​6.8359 (Murrey [2/8]).