I keep my short position until it hits 5 or lower. I dont see that it will gain strength the next week. Turkey CB is going to have a meeting on thursday, right before that we might see a small rise but it will quickly lower itself again. Trump said in a press release that all sanctions on Turkey will be lifted and he will help their economy get back on track....
I think it will slowly return to its original rate at around 4.
I think its going down to the original rate at around 4.