gnenc

USDTRY Crab Formation: Decision Maker's fault.

Long
FX:USDTRY   U.S. Dollar / Turkish Lira
After the Central Bank of Turkey reduced the policy rate from 18 percent to 16 percent, #USDTRY are reaching D leg of crab formation. Politicians are not still showing any support to TL. Therefore 2nd target level 11,25 is not far away.

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