USD/TRY is close to the peak formed this past year at 18.36. A rest above here would start to see the pair staging another leg higher, economists at Socit Gnrale report.
Support aligns at 17.80/60
Once 18.36 is overcome, next leg of uptrend is likely to materialize towards projections of 19.30/19.70.
The 50-DMA at 17.80/17.60 is short-term support.
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