USDTRY

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USDTRY

Dollar/Turkish Lira has been moving sideways for days. The expectation of an interest rate hike may be causing this movement. There is a great uncertainty as to how the dollar will behave after the Central Bank interest rate decision to be announced tomorrow. There are institutions that claim that the policy rate will be increased to 40%. Support: 23.13 - 22.30 Resistance: 25.00