USDTRY

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USDTRY

We have now come to the end of the year for USDTRY. We had views that we would close the year at the expected level of 29.60. It rose to 29.30. We think that they will keep the exchange rate at this level until the minimum wage is announced. We expect it to complete its last rise movement and reach 29.60 with the announcement of the minimum wage this week. After the minimum wage is determined as of 2024, it will rise and settle above 30. Considering that the minimum wage has risen to between 550-570 dollars, it seems normal for the dollar to reach 36-38 by July. Support: 29.10 - 28.90 Resistance: 29.40 - 29.60