StefanBode

Tunisia Dinar -Emerging-Market-Meltdown

Long
StefanBode Updated   
FX_IDC:USDTND   U.S. DOLLAR / TUNISIAN DINAR
After Turkey, Tunisia is also in a massive loss of popular confidence in its own government. We see this nicely by the Elliott waves in the form that the Tunisian dinar to the US-dollar should be in a 5 of wave-III of wave (-III).
The devaluation will continue until there is either a trusting new government or at some point the military on the side of the people and the current government puts out of office to start a fresh start.
As it is a nuisance of the "elected" professional politicians worldwide to stick to the office / chair instead of governing for the people.
These are the two variants to restore the basis of each currency, TRUST, because the current government is no longer suitable for it.
But that still means that there is at least 20% more devaluation in the room and that is more likely to be seen as the lower end of the flagpole.

You like the analysis?
Then thumbs up and press by comments on the green triangle before the answer button.
Comment:
Comment:

t.me/stefan_bode_analysen
Zins oder Dividende? Aktien oder Anleihen? Was sind Wandeloptionsanleihen?
Immobilien oder Rohstoffe?
Rinderfarm in Südamerika.
Geld richtig investieren!

www.fondslounge.de
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.