peterbokma

USDTRY-Long-term SELL

Short
FX:USDTRY   U.S. Dollar / Turkish Lira
It's far easier to look at the monthly chart than to the short-term ones.

Based on the market condition, there is no change in view to see it's heavy overdone. It does not mean we cannot see little higher, and it is possible we re-visit 15.50-16.50 before we move lower to 10.50-9.00. I feel we should be SHORT already around 14.50-14.75 and add when the move higher if seen.

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