USDTRY-NEUTRAL with upside bias

132
No change in view.

Strategy is to SELL medium-term 14.50-14.75 and then 15.50-16.50 for a move to 10.50 - 9.00.

The current pattern is boxed in and we have resistance 13.98 again. The USDRUB may drag the USDTRY higher once again. It depends to the developments, i.e. if more escalation, the fear is that surrounding areas will be affected and so the currencies of course.

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