USDTRY - Short-Term Pressure Down below 6.50 Short

U.S. Dollar/Turkish New LiraFXCM

Description

⋅ Sep 12, 2018 5:12 AM

The markets will be relaxed on Turkey so long as we remain below the 6.50 level. Until that level is broken, short-term bears hold the upper hand and EM stress is likely to be contained.