EURTRY :
Our first idea/post was on the Epic rebound of the Turkish Lira back in Dec 21st /2021
We had then calculated and prognosed with great precision the levels (rise to 15,7) :
The price has done us the favor then and normalized/consolidated around that level (15,7) :
At this stage, Central bank has kept the lira's rates unchanged (good news because...
The Euro has lost some value against the Turkish Lira over the past months but has reached the goal for its wave A in green. Now, it is time for another push against the Lira, before longer downward movements set in.
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