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Adel_Tunisi
23 lis 2021 22:56

USDTRY Short

U.S. Dollar/Turkish New LiraFXCM

Opis

on monthly frame with Fibonacci level we will find that 13.01 represent strong resistance , last two month the government let the currency fail without any intervene , am sure the Turkish national bank will start offer new government bonds to contain the situation , its a good time in my opinion to short this pair while retail start getting heavy long position , this is risky but am willing to short it ,especially that i know the government control the national bank and its gonna try to put the crisis into bed before any further political damage with election in sight
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