A massive downside move is in place.
Mid Term trend has reversed today as last week's inside day is invalidated on a daily basis.
10Y Turkish Bonds also lowered today confirming the direction the trend. Also Turkish Central Bank was a net seller at 5.4 with 800K+ contracts in futures market.
4.52 target is still on cards unless price reverses sharply above trendline.
10Y Turkish Bonds also lowered today confirming the direction the trend. Also Turkish Central Bank was a net seller at 5.4 with 800K+ contracts in futures market.
4.52 target is still on cards unless price reverses sharply above trendline.
Kommentar:
* Central Bank was a net seller for several days and not just today.