Turkish Lira continues to tumble. Falls 4% to record low of $5.50 - ConsultFX

Turkish Lira continues to tumble. Falls 4% to record low of $5.50

Bulls keep the price above the trend line The USDTRY has to surge (lower TRY) as investors continue to flee the embattled country.    The TRY has fallen 4% on the day and trades at a record 5.50149.  The price has come off a little and currently trades at 5.47848.