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suburra
Nov 27, 2021 8:25 AM

USDTRY - NEW TARGET 26 TRY Long

U.S. Dollar/Turkish New LiraFXCM

Description

New target of usdtry is 26 TRY per Dollar. Projection for next 2 years.

Trade closed: target reached

26 TRY per USD
year 2023 after elections
Comments
tradeeer
After 26 And elections, (i hope with a different party ) . Can you say a big -several years long- correction phase awaiting us?
Mert_t
hi friend, i guess you should update this projection.
suburra
@Mert_t, why? After a while correction it will continue to rise. 26 try is the target. Nothing can't change it.
Mert_t
@suburra, i afraid that Erdogan will win the election again because in Turkey we are waiting to decrease dollar rate after election of Erdogan lose.. that is just expectation, it s not technical analysis..
suburra
@Mert_t, before elections it will hit 26. After that opposition will win the elections.
Mert_t
@suburra, hmmm okay got it .. so, you don't foresee early election to Turkey.
suburra
@Mert_t, no. Elections will be 2023. Usdtry price will be between 14-11 next 6-8 months.
Mert_t
@suburra, thank you dear friend.
froto71
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