Scenario: return by means of "Fiffi" theory @ USD/TRY
USD / TRY is already triple (D1-H4-H1) overbought. If the the first D1 candle close above the north BB, the course probably turn to the middle band. Target price is 7.30000. Technical resistance: 8.50000 (magic number)
The currency pair can turn earlier, if the TCMB make a verbal or non-verbal intervention. Be prepared!
The currency pair can turn earlier, if the TCMB make a verbal or non-verbal intervention. Be prepared!
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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.