Among the currencies of developing countries, the Turkish lira is the most fragile against the dollar. After the messages given by the FED, it seems that 2022 will be very difficult for the Turkish lira.
When I combine the basic elements I mentioned with technical formations, I tried to show the ceiling-floor levels that may occur in 2022 on the table.
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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.