As for now, Turkish Lira is still ABOVE 2021´s Close (Black Line) and Came back to Restest it. Hence the Bullish Bias Remains. If price starts going up it will end at yearly R3.
If price breaks below yearly S1 (what I find unlikely) the yearly downtrend will be to S3.
@BurakB_, If you dont know Camarilla Pivot Points you know very little about forex. In 5 years of trading I found this tool one of a few one can rely on. 99 percent of of non-static indicators are rubbish
Kalimero63
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TCB after the General Meeting 3.2. pours profits into the treasury (she did not do so last year), again a step in support of TRY. Nervousness and fear in the markets lead to the bearish approach and strategy of SELL, we see in the stock and the crypt. For example, this sentiment will be reflected in the forex and exchange rate, in the sense of better TRY at home than in the dust. I saw more buyers when distorted down and fewer buyers when distorted upwards. It's illogical, but probably the bulls are losing strength and the bearish trend is beginning.
CoinScalper
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maybe in your dreams lol. Learn new Turkish economy model before posting funny predictions. USDTRY target is 7.00 in the long term.
ICFX
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@CoinScalper, Last year I predicted Turkish lira bullish move to the pip. People from Turkish banks had been surprised...