peterbokma

USDTRY-RANGING down side bias

Short
FX:USDTRY   U.S. Dollar / Turkish Lira
No change in view, and in fact rates are still the same as yesterday and the day before etc.

Think we will see a move lower and short still the way to go. However, keep stop loss at 14.35 in case we break the upper range.

Objective unchanged 11.80-10.75 short-term.

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