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- USD/TRY approaching weekly support at 7.3735, just above the 200dma
- Now coming in for a 5th/6th test of the MA.
- Close below would likely clear the way for the next leg lower.
- Sell side very bullish TRY at the moment 3m tagets mostly in the 7.00-6.80 range, but 6m targets back around 7.50.