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berkek

A massive downside move is in place.

Short
U.S. Dollar / Turkish Lira (OANDA:USDTRY)  
berkek Updated   
OANDA:USDTRY   U.S. Dollar / Turkish Lira
Trend Analysis Support and Resistance Trend Lines
3
0
trendanalysis supportandresistance trendline
Mid Term trend has reversed today as last week's inside day is invalidated on a daily basis.
10Y Turkish Bonds also lowered today confirming the direction the trend. Also Turkish Central Bank was a net seller at 5.4 with 800K+ contracts in futures market.

4.52 target is still on cards unless price reverses sharply above trendline.
Comment:
* Central Bank was a net seller for several days and not just today.
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