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U.S. Dollar / Turkish Lira
Long

(Emerging Markets) USDTRY Outlook 2021 And Beyond

By VulcanoRosso
Updated
TRY can get even weaker through mid 2021.
strong recovery possible following it , especially after 2021.
Trade active
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Trade active
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Trade active
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uncertainty. it can either drop all the way back to the bottom then reverse up again from that lows , or continue to go up from current level.
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its still consolidating over 8.00 , it can revisit the lows before going for the big run over 9.00-10.00 .
waiting for confirmations.
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previous consolidation brokeup and hit ~8.50.
now it's forming another flag there.
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Chart PatternsemergingmarketsTrend AnalysisTRYturkeytradingturkishliraUSDTRYusdtryanalizusdtryanaliziusdtryforecastusdtrylongWave Analysis
VulcanoRosso

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