USDTRY-NEUTRAL upside bias
No change in view.
The danger is still a broad TRY weakening for the short-term. We remain medium-term short (as we are) and add 15.25-16.00 area for the expected correction 10.50-9.00. For now, this is a long-term view and opinion but factors right now means it will remain on the higher side then lower side.
Short-term I suspect we trade 13.25-14.75 only.
The danger is still a broad TRY weakening for the short-term. We remain medium-term short (as we are) and add 15.25-16.00 area for the expected correction 10.50-9.00. For now, this is a long-term view and opinion but factors right now means it will remain on the higher side then lower side.
Short-term I suspect we trade 13.25-14.75 only.
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