meszaros

USDTRY before 4.5% decline...

Short
OANDA:USDTRY   U.S. Dollar / Turkish Lira
In my view, the exchange rate is ahead of the second wave of a dual declining wave system. The parallel fractal sequence in the figure may also support my idea. So I look forward to turning south from current levels. Target price 5.51121 usd.

Comments

It is very dfficult to predict Turkish currency due to politic conflicts.
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meszaros neverlandfx_eng
@neverlandfx_eng, I agree with you.
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meszaros neverlandfx_eng
@neverlandfx_eng, Now I am expecting a global mood improvement.
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