USDTRY Short
Fundamentally speaking, the Lira has been weakened due to the CBRT staying pat on their rate decision and allowing the double digit inflation to continue. However, daily studies indicate that the RSI has become severely overbought and this pair will correct in the coming days. I will look to close my shorts in profit around the 3.84xx range. Best of luck!
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.