MarketIntel

Turkish Delight! 🧿

Long
FX_IDC:EURTRY   Euro / Turkish Lira
The Turkish Lira has recovered heavily from November onwards – well, in relation to the catastrophic losses of the last years. However, this recovery should be over now. As we have landed in the target zone between 8.630697₺ and 8.145568₺, we expect the Euro to come back and valuate against the Turkish Lira. Here, we expect to get more than 10₺ for each Euro in the future.

Happy trading! 💶
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