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NRZCN
Mar 28, 2018 12:49 PM

USDTRY Bullish scenario  Long

U.S. Dollar/Turkish New LiraFXCM

Description

Most probably we are heading through 4,80 before 2018 Q3

Comment

> Even timeline is on track, slight route changes regarding upcoming elections resulting some financial precautions.

> Expecting some consolidation between 4,45 & 4,19 this month as government will do their best to prevent the increase until elections on 24th June & 8th July.

> I'm not an economist but the Turkish economy is clearly on fire as a result of artificial/unbalanced foundations & corruptions, whoever will be elected my target is same; between 4,80-5,00 and it seems we will be there between July-August.

> I'm a Turkish citizen hoping to be wrong!
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