Erdogan is a good chess player
TL showed a powerfull downtrend so the citizens see that usdtry can go deeper. so they started to sell their usd
People give up to buy usd. so dollarization will be limited in the country
Interest Rate Will Not Change to keep currency stable for mid term
traders will open short trade as a carry trade with a cheaper try
IMPORTANT : this idea is valid under 1 or 2 more weekly close below 8,30
People give up to buy usd. so dollarization will be limited in the country
Interest Rate Will Not Change to keep currency stable for mid term
traders will open short trade as a carry trade with a cheaper try
IMPORTANT : this idea is valid under 1 or 2 more weekly close below 8,30
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