Technical :
we have very nice bullish run from our last support at 3.64125
now USDTRY perfrom channel up, if this channel break down new support at 3.7035
Target still same at 0.89785
Fundamental :
Germany Tightens International Funds to Turkey.
Germany is actively working to cut funding to Turkey from the country’s state-owned KfW bank, the European Investment Bank and the European Bank for Reconstruction and Development, according to more than a dozen government and banking officials, who asked not to be identified discussing the behind-the-scenes efforts. Some German commercial banks are also reviewing their exposure to Turkey, the officials said.
www.bloomberg.com/ne...s-to-turkey-j97b4ymr
we have very nice bullish run from our last support at 3.64125
now USDTRY perfrom channel up, if this channel break down new support at 3.7035
Target still same at 0.89785
Fundamental :
Germany Tightens International Funds to Turkey.
Germany is actively working to cut funding to Turkey from the country’s state-owned KfW bank, the European Investment Bank and the European Bank for Reconstruction and Development, according to more than a dozen government and banking officials, who asked not to be identified discussing the behind-the-scenes efforts. Some German commercial banks are also reviewing their exposure to Turkey, the officials said.
www.bloomberg.com/ne...s-to-turkey-j97b4ymr
Comment:
previous analysis :
Trade closed: target reached:
target reach,,, this analysis close. congrats ^_^
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