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AndyM
Jul 3, 2020 9:04 AM

Lot's of tension accumulated in USDTRY Long

U.S. Dollar/Turkish New LiraFXCM

Description

A two-month long triangle in the Turkish Lira. More weakness of the Lira is coming, and if there's one thing that the European banks don't like, it's the weak TRY.
Comments
Fahim1988
there is a correlation between TRY and Iranian Rial. if you aware of Iranian Rial that going down these days so the TRY is the same. like you said on the chart
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