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USD/TRY Pares Early Downside; Sellers Tentatively Re-emerge at 71.8% Fib (7.8248)

TURKEY
  • USD/TRY showing signs of sellers re-emerging after retracing to the 76.4% Fib (7.8248)
  • drawn from the day's high at 7.8439.
  • Daily close below 7.7950 would reinforce the level as topside resistance
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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