(see prev post)
Turkish Lira in crisis, weakening to record lows vs USD & EUR.
USDTRY threatening to break above 7 (and eventually doing so) happened to coincide with with key resistance levels broken on three separate assets:
Gold > $1921: previous all time highs
Silver > €20: 2012 highs from ECB M. Draghi's famous "Whatever It Takes" speech
BTC > $10,000: previously failed resistance after May '20 halving
Turkish Lira in crisis, weakening to record lows vs USD & EUR.
USDTRY threatening to break above 7 (and eventually doing so) happened to coincide with with key resistance levels broken on three separate assets:
Gold > $1921: previous all time highs
Silver > €20: 2012 highs from ECB M. Draghi's famous "Whatever It Takes" speech
BTC > $10,000: previously failed resistance after May '20 halving
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.