Based on long term slope analysis (parallels), USDTRY reached resistance last week. I like the short side now…that simple. Also, a bullish volume reversal triggered on a weekly basis for TUR (see below). Previous signals have coincided with USDTRY tops. Also, EidoSearch results are overwhelmingly bullish TRY (this was originally published at scandex.com/2020/11/market-update-11-8-november-is-for-turkey/ please visit to see the full post).