You can see my previous graph (above). There is no good development in Turkey so I think that the dollar will increase more.
Under the rule of Recep Tayyip Erdogan Turkey has descended into a dictatorship. In order for Turkey's dollar rate to improve needs to be changed through elections. It also occurs when the incoming government takes democratic steps.
- RTE factor (Anti democratic leader)
- Kurdish (Syria) Problem and security problems - war funds -
- Economic indicators
- Graph indicator / Technic Analysis (StochRSI + MACD + Mov50 + TD )
Comment:
I forgot the FED's interest decisions.
Comment:
I thought the Turkish lira would react more slowly. But it seems that he reacted much stronger than I thought.
Trade closed: target reached:
The analysis has succeeded.
