Get started
mrbobothebear

USD/TRY: Is TRY exceeding to 2 digit mark? Probably yes.

Long
U.S. Dollar / Turkish Lira (OANDA:USDTRY)  
mrbobothebear Updated   
OANDA:USDTRY   U.S. Dollar / Turkish Lira
Trend Analysis Trend Lines
5
0
trendanalysis trendline
I know that 10 mark is a huge mental resistance for the average turkish people. If I was longing this I would be very cautious about it. But nonetheless, the direction is generally up with some interest rate hiking cycles down the road.
Comment:
IMO, the top is in. RSI is at 92.3. Higher than 2018 currency crisis. But let's see..
Comment:
Wow! I was so wrong... they literally killed the turkish lira.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.