As I said before in the USDTRY Update post, the pair is continue to increase. It broke 2.20 level. However, I couldn't catch it becasue of I am a part time trader and long working hours obstruckted me to follow markets.
On the 21st January, Turkish Central Bank meeting will be seen. They have to take action but political pressure may prevent a interest rate increasing decision. There is a ambiguity for this meeting. Maybe a retracement will be occur till the meeting.
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