The 10 years analysis for #USDTRY #Türkiye

Based on Gann analytical techniques, if #USDTRY concluded the month of November above the 28. This is indicative of a prospective upward movement, with anticipated milestones at 34 by March 2024, followed by 44, and a final target of 56. The projected timeline for achieving these targets spans from June 2025 to December 2026. Noteworthy is the technical analysis, which finds support in the prevailing inflation figures.

Confident in the capabilities of the Central Bank, I anticipate a resolution to the TRY predicament within the next three years. This resolution is expected to catalyze a notable bullish trend in the currency.