USDTRY Clear Uptrend Towards 8.00 Followed by a Leveling Off
I expect USD to go to 8 Turkish Lira towards June then anticipate a break of the partially parabolic rise at the top to then find support at the highlighted regions in the following years. I expect this fall due to the US dollar being reduced of its global reserve status because of the use of decentralized digital bridge assets in trade and thus enabling a more level playing field.
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.