FX:USDTRY   U.S. Dollar / Turkish Lira
The long-term chart shows a very overbought situation, and this still requires a good correction.

As mentioned on a few occasions and misunderstood at times, it does not mean that we cannot see higher levels. In fact, if existing short, we add 15.50-15.75 and once again 16.75 and above. The ultimate goal and objective is 10.50-9.00. This may take quite some months, but this is a technical expectation.

No doubt fundamentals suggest we should see higher at first, and this one should see as an opportunity to sell.


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