Turkish lira had faced a big task in maintaining its currency because of internal issues within the country. But as things are coming back to normal, we can expect a little push up in the market, as it had steep bearish run in last 2 weeks. On the other hand, Euro is having mixed reaction in the market in last 2 weeks and tomorrows bearish expectation in PMI value might cause some bearish move in Euro. Taking this into consideration, I expect a pullback from EURTRY in coming days. Please find below the daily chart analysis.
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