sonerta

Interest Rates never lies

Short
sonerta Updated   
FX:USDTRY   U.S. Dollar / Turkish Lira
Blue line indicates the yield of 2 year Turkish Goverment bonds. We can see that interest rates are keeping to go down sharply. Now USDTRY is reacting a little bit. It is a good chance to go short again relaying to the demand of Turkish assets.
Trade closed manually:
interest rates started to climb. better to close shorts while we are having a satisfactory profit.
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