Euro / Turkish Lira
Short

Rate decisions effects on EURTRY

66
After CBRT's rate decision parity start to fall. After ECB's decision, we tested new dips. But the last day of this week we are still in the same pattern. As long as we stay below the 6.35 level price movement will like to see new bottoms. 6.25 and 6.20 levels will be important in the case of continuation of the downside walk.

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