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Daily technical outlook for USD/TRY: Societe Generale

Quotes from Societe Generale Cross Asset Research: -USD/TRY is closing in on our advocated target of 2.50. However with weekly indicator testing a multiyear graphical resistance, it will take a frank break above 2.50 to …

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Quotes from Societe Generale Cross Asset Research:

-USD/TRY is closing in on our advocated target of 2.50. However with weekly indicator testing a multiyear graphical resistance, it will take a frank break above 2.50 to signal extension in uptrend towards 2.55, the multiyear upward channel.

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