USDTRY- 21Dec2021
TRY took a dive after Erdogan initiated a Rescue Plan. (Source: bloomberg.com/news/articles/2021-12-20/erdogan-unveils-extraordinary-steps-to-protect-lira-savings)
On the H4 timeframe, price had a huge sell-off yesterday. We could expect further pull back in price to 1st Support at 11.545 from continued selling and profit taking.
This is for personal record purposes only, not financial advise or solicitation of trade.
TRY took a dive after Erdogan initiated a Rescue Plan. (Source: bloomberg.com/news/articles/2021-12-20/erdogan-unveils-extraordinary-steps-to-protect-lira-savings)
On the H4 timeframe, price had a huge sell-off yesterday. We could expect further pull back in price to 1st Support at 11.545 from continued selling and profit taking.
This is for personal record purposes only, not financial advise or solicitation of trade.
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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.