USD/TRY 1$ = 29 TL
Updated
You can see my previous graph (above). There is no good development in Turkey so I think that the dollar will increase more.
Under the rule of Recep Tayyip Erdogan Turkey has descended into a dictatorship. In order for Turkey's dollar rate to improve needs to be changed through elections. It also occurs when the incoming government takes democratic steps.
- RTE factor (Anti democratic leader)
- Kurdish (Syria) Problem and security problems - war funds -
- Economic indicators
- Graph indicator / Technic Analysis (StochRSI + MACD + Mov50 + TD )
Note
I forgot the FED's interest decisions.Note
I thought the Turkish lira would react more slowly. But it seems that he reacted much stronger than I thought.Trade closed: target reached
The analysis has succeeded.
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