Turkish lira to break long term depreciation trend

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It is pretty debatable but lira may hit an ATH or at least lira had a local top. The fundamentals are bleak or against the lira but US dollar's depreciation has a limited impact on the trend.

Moreover, Wyckoff's schematics, in particular distribution, supports the idea.

7.15 will be a quite important support. 6.07 and 5.12 will then be important levels to follow.

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