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Is Turkish Lira in the final stages before a move or we will see history again as in 2001

Turkish Lira Analysis

Last 3 months we saw an audiovisual show of the Turkish Lira, mention here not once that Turkish lira located  in Dance of demons


The Turkish Lira has made an incredible move of almost a penny in one month, reached a level of 4.99 against the dollar - almost touched a rate of 5 but since then its recovers to 4.54, now I'm expecting to see soon 4.63 +_ price as long as 4.82 will not break up again

* we might see the same behavior as 2001 - if that the case so expect to see Turkish lira going to 5.46 against us dollar * 

Turkish lira price  analysis
Turkish lira analysis


Technical analysis update
Long-term trend forecast moved is still up as long as 3.98 will hold!Break below 3.98 on weekly basis will send the Turkish to 3.78A weekly close below 3.780+- will confirm for more down movesPoints to pay attention:  4.08/4.11 /   3.93-4+_   / 3.87  / 3.83+_ / 3.74+_/3.66Short-term trend forecast Break below 4.6. Will send the Turkish to 4.40- below this levels, you need to watch long-term trends mentions aboveIn terms of behavior.I think the Turkish lira is  not expected to recover below 4.40, but first, we need to watch on 4.63+_ so see what will happen there


USD TRY  TECHNICAL  analysis
USD TRY   analysis

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This review does not including any document and / or file attached to it as an advice or recommendation to buy / sell securities and / or other advice

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