Symbio_X

Lira exponential resistance retest

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Symbio_X 已更新   
FX:USDTRY   美元/新土耳其里拉
Hello, USDTRY is trading in a exponential upwardtrend and it seems we are up for another retest of the red curve.

Some weeks ago i still believed that the lira downtrend is over but erdogan is still increasing money supply like crazy. (Link below for my old USDTRY Idea´s)
Thats why i became more bearish on Lira recently.
I believe we are up for another ATH on USDTRY which i estimate to be between 26 to 37 TRY.

Do your own Research please
and leave a like if you found this useful.

评论:
Im not so confident calling the top like i did last time when lira crashed some months ago. I think 26-37 Try is pretty high, we could top as low as 21 usd.
In the end it will also matter of when erdogan announces changes in the monetary policy.
评论:
im still confident in new ath for usdtry but better take my targets with a grain of salt
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