WHT IS HAPPINING FOR TURISK LIRA?1
TURKEY‘S LIRA CRASHED TO A RECORD LOW OF 14.68 ON MONDAY, IM SURPRISING ABOUT THE INSANE MONETARY POICY THAT TURKY IS CURRENTLY OPEATING UNDER. HOW THE CENTRAL BANK CUTS RAT AMID RISING DOUBLE DIGIT INFLATION (NEAR 20%,) SINCE YEAR AGO LIRA HAS BEEN TRADING AT ROUGHLY 7.5 TO THE GREENBACK
I DO THINK WHEN WE LOOK AT THE CHART, THE PARPOLIC MOVE IS THE THIRD OF THIRD WITH THE HIGHEST MOMENTUM EVER , SUGGESTS THE LIRA COULD PULLBACL IN A SMALL CORRECTION MAY BE TO 12 THEN ANOTHER POTENTIAL UPSIDE MOVE TO 16
