Lira exponential resistance retest
Hello, USDTRY is trading in a exponential upwardtrend and it seems we are up for another retest of the red curve.
Some weeks ago i still believed that the lira downtrend is over but erdogan is still increasing money supply like crazy. (Link below for my old USDTRY Idea´s)
Thats why i became more bearish on Lira recently.
I believe we are up for another ATH on USDTRY which i estimate to be between 26 to 37 TRY.
Do your own Research please
and leave a like if you found this useful.
Some weeks ago i still believed that the lira downtrend is over but erdogan is still increasing money supply like crazy. (Link below for my old USDTRY Idea´s)
Thats why i became more bearish on Lira recently.
I believe we are up for another ATH on USDTRY which i estimate to be between 26 to 37 TRY.
Do your own Research please
and leave a like if you found this useful.
Not
Im not so confident calling the top like i did last time when lira crashed some months ago. I think 26-37 Try is pretty high, we could top as low as 21 usd.In the end it will also matter of when erdogan announces changes in the monetary policy.
Not
im still confident in new ath for usdtry but better take my targets with a grain of salt
Feragatname
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