For the last two weeks, the Turkish lira has been gaining against the USD. Suddenly, 15% were reduced from its value in one day! Let's discover what happened.
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Turkey's bank raised rates, that sent the Turkish lira soaring. But technical analysis shows that USD/TRY should reverse up .
USD/TRY is trading at the levels unseen since August 2020 and heading towards the key psychological mark of 7.00
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