USDTRY
USDTRY approached the market value with the policy rate being 40%. The level we have been saying for the dollar value for 5-6 months is 29.60. We will probably close the year at this level. The main issue here is that the Central Bank is also approaching steps to reduce the rate of interest rate increases. This may trigger the dollar to rise again sharply after March. I think the last high interest rate increase was at this meeting. A 250 basis point increase will come this week. They will close this process with 45% with 150 increases in January and 100 increases in February. Support: 28.85 – 28.30 Resistance: 29.20 – 29.60