No change in view.
We are below 13.98 resistance and we are still very overbought long-term. However, high oil prices and the weakness of RUB may filter through to weaker currencies and this may include TRY. That is why we SELL 14.50-14.75 and 15.50-16.00 and higher for a move back to 10.50 - 9.00.
We are below 13.98 resistance and we are still very overbought long-term. However, high oil prices and the weakness of RUB may filter through to weaker currencies and this may include TRY. That is why we SELL 14.50-14.75 and 15.50-16.00 and higher for a move back to 10.50 - 9.00.
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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.
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.