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Daily outlook for USD/TRY: BofA Merrill Lynch

Quotes from BofA Merrill Lynch:- USD/TRY continues to accelerate higher after its closing break of 15yr channel resistance at 2.5350. - Upside targets are seen to 2.6133 (YTD channel high) before 2.6597 (2yr channel high…

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Quotes from BofA Merrill Lynch:

- USD/TRY continues to accelerate higher after its closing break of 15yr channel resistance at 2.5350. 

- Upside targets are seen to 2.6133 (YTD channel high) before 2.6597 (2yr channel high) & potentially beyond. 

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