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Baris_Sozen

5,42 might be the short, even mid term top

U.S. Dollar / Turkish Lira (FX_IDC:USDTRY)  
Baris_Sozen  
FX_IDC:USDTRY   U.S. Dollar / Turkish Lira
Trend Analysis Beyond Technical Analysis Technical Indicators USDTRY usdtryshort usdtryanaliz usdtryanalysis bist100 BIST
2
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trendanalysis beyondta indicator usdtry usdtryshort usdtryanaliz usdtryanalysis bist100 bist
Most Possible Scenario for the short-medium term
We are out of Bollinger bands , the USD/TRY overperformance might be over for some time.
Probably a short to medium term top. USD needs to consolidate before continue the bull run.
In the mean time, BIST 100 , while USD is resting will try to push for 100.000 level as a first step. Turkish manipulators will use that consolidation period to push the prices up by using the same reason why it was sold off. Cheaper TRY attracting new investors to BIST. Use the wave but never believe their bullshit
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