new idea on TRY/USD Turkish lira/dollar continues to fall.
The Turkish lira managed to break the 0.055 support to the downside and is now targeting the 0.029 support.
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Turkish Lira at supportThe Turkish Lira has been in a long term devaluation against the US dollar for quite a few years and it looks as if there will now be re-test of the lowest point of support on this chart. Inflation in Turkey is at 80% and the news came through yesterday that the government has just cut interest rate
TRYUSD Long PositionTRYUSD Long Position. Money Flow Index(MFI) Looking Good. 20MA used as support.
10x Leverage
14% Take Profit
2.8% Stop Loss
Educational Purpose Only! Not a Investment Advice
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Turkish Currency Fluctuation 2020 2021Turkish Currency Fluctuation 2020 2021Turkish Currency Fluctuation 2020 2021Turkish Currency Fluctuation 2020 2021Turkish Currency Fluctuation 2020 2021Turkish Currency Fluctuation 2020 2021Turkish Currency Fluctuation 2020 2021Turkish Currency Fluctuation 2020 2021Turkish Currency Fluctuation 2020
btc, can you please be more like lyra today !!omg btc, can you plz be more like lyra today !!
if ou could just for once be more like lyra, but then just like the last few days please we ask you . .
Turkish Lira vs BitcoinBoth charts present relation to a U.S. Dollar over the (long term) course of approximately 10 years. Only Imagine the BTC perspective of a Turkish investor. Now this is just an observation and no advice is here given, I am just amazed how government-backed currency fails towards the fascinating conc
TRYUSD Collapses Again Bc It Listened to MMTTRYUSD continues to collapse after removing the Central banker who raised rates to 19%.
The new CB said he will lower rates. Turkeys 10 year bond skyrocketed instantly from 12%
to 17% while the TRY lost 18% instantly as well. Why BC Turkey listened to MMT and wants to
lower rates. The chart above
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