FX:USDTRY   U.S. Dollar / Turkish Lira
election big bang
2.93 important data
hit 2.86 later 3.03
watch blue line
DownUnder trendlegends
We need some positive news/data for TRY to go down to 2.86 ? The only data today is parliament confirmation of new govt etc. this will only bring down a little bit I think, maybe 2.90-2.91 ? What do think will happen for the pair to go down 2.86 ? and then back up to 3.03 ...and what is the time frame ?
trendlegends DownUnder
now dollar 2.96
DownUnder trendlegends
next stop 2 blue lines = , 3.01..then 3.04 ? before FED decision... ? what do you think ?, then after FED maybe UP first then big drop ? EURUSD might jump 1.12 and higher ?
Kabiastro DownUnder
trendlegends Kabiastro
good analysis.russian economic political movement hit the usdtry.but turkish economy have very altenative source.turk economy is key of the europe because turkey have nature gas and petrolium channel.
+1 Reply
UP until election, after election BIG DROP. 2.80
+1 Reply
Kabiastro DownUnder
i don't think so it might be also huge increase as last time around %3 in a day
+1 Reply
DownUnder Kabiastro
last time there was no majority gov. this time it seems likely that there will be majorty for akp party. so if this occurs, then 2.80 or even below is very possible. just my view. :-)
+1 Reply
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