EMFX Currency Charts- Risk lie to upside short term !

Cautious on EMFX short term possibly till end of July. If you are following my posts since May 2014 you will notice a  short bias in emerging market currencies especially INR (post election).

The following charts are long term however the daily formations and intra-day price action off this major trendlines should not be ignored! Also notable three day bank holiday coming in the US so I would expect the vols to kick in next week or so. Time to buckle up the seat belts..

 

Daily 10YR TRY Yields basing out at 8.50 support.