USDTRY- 16Dec2021USDTRY- 16Dec2021
Turkey Central Bank is releasing their interest rate decision today.
On the weekly, price have already bounced above previous 161.8% at 14.47. Hence, Elliot Wave 5 adjusted from 161.8% to 200% at 16.560
On the H4 timeframe, price is at an all time high . With the CB bank rate decision today, we will have to wait and see how the market reacts to the decision.
This is for personal record purposes only, not financial advise or solicitation of trade.
