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USDTRY spiked through the 50%..........>

TURKISH LIRA
TURKISH LIRA: USDTRY spiked through the 50% retracement level & s/t trendline to
Try5.9293 and holds firm. This is on extended react to the earlier remarks from
Turkish Minister of Foreign Affairs that said 'Turkey to respond incase of US
sanctions'. Next resistance at Try5.9539 from the 50% retracement of the May-Jun
fall at Try5.9539. Last Try51.9196.  

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