Itโs 2007, you are sitting at home watching the Eurovision Song Contest and this dude from Turkey, Kenan Doฤulu, completely rocks the show with his song โShake It Up, ลekerim (my sugar)โ! Fast forward 14 years, a lot of shaking is happening in the Turkish Lira against which the Euro gained massively recently. As it stands right now, we expect the Euro to hit prices of 10โบ and above. Only condition for this scenario to realize is that we do not fall below 8.3344โบ. However, with the current surge, we are more than well-positioned to attack the 10โบ mark.
Happy trading!