#USDTRY We are observing a long-term trend of the depreciati | EXCAVO: STOCKS & FOREX
#USDTRY
We are observing a long-term trend of the depreciation of the Turkish currency. According to the Trend-Based Fib Extension, the 161.8% level is a good resistance and a target for the bulls. At the moment, USDTRY is pressing its ATH and consolidating under it. I expect an impulse breakout and a continuation of the uptrend. Link
