In case today is a disappointing day, i.e. rate cut instead of no change, we will see higher USDTRY. For long-term this would be excellent, and I feel selling long-term between 13.50 and 15.75-16.50 is a good strategy.
The monthly chart RSI is very high, and has not corrected much. A move higher will make it attractive for adding shorts.
The objective is 9.6200 for now.
The monthly chart RSI is very high, and has not corrected much. A move higher will make it attractive for adding shorts.
The objective is 9.6200 for now.