peterbokma

USDTRY-NEUTRAL to upside

FX:USDTRY   U.S. Dollar / Turkish Lira
No change of view for weeks now.

It remains locked in same as it has done before in the 13.50-14.00 range. The downside is protected short-term below 14.00 and upside is possible 15.50-16.50. From long-term perspective would have some short at current level 14.75 and add 15.50-16.50 for a move to 10.50 - 9.00.

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