Sam_Eder

USDTRY - Relaxation ahead of Central Bank Meeting

Short
FX:USDTRY   U.S. Dollar / Turkish Lira
The USDTRY is relaxing a tad, and the short-term bias has turned south for the first time in weeks. The Turkish Central Bank meets this week but so long as Erdogan continues with his current political stance (adversarial stance vs. Western Countries) there is little hope for the Try.

Take note of the key levels.

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