After some retracement based on monetary decision made by the Turkish government , Lira had some gain after losing ground. Turkish government sold some of its foreign asset like us bond to recover from recent crisis, however, the tools is government hands are limited and may cause another weakness on Turkish Lira.
from the technical perspective, price is sitting on a crucial support one and the daily wedge is broken, this may cause USDTRY to rally again after this retracement.
from the technical perspective, price is sitting on a crucial support one and the daily wedge is broken, this may cause USDTRY to rally again after this retracement.