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USDTRY remains better bid

TURKISH LIRA
USDTRY remains underpinned on reserves concerns.
  • The pair broke out of its 2 months range on Monday, with risk
    now tilted to the upside for the pair..
  • FX turnovers are so far light, but most participants will look at the
    7.00 handle as the area of interest.
  • USDTRY is trading at 6.9540, with Monday's high at 6.9835

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