USDTRY is slowly turning structure…
USD/TRY OANDA:USDTRY
USDTRY is slowly turning structure. The current rise in interest rates can slowly boost the Turkish lira’s price with a slow, less risque wave structure. It is probable that the exchange rate may increase slightly along its wave axis, but then it may begin to decline more decisively. The exchange rate upper resistance is given by an ATR axis. From this, a more sophisticated Turkish lyrical affection can come to an end. Target Price 5,7137