• The Turkish Lira nudged up slightly but consolidated below a 1-1/2 year low hit last week. 
   
• On Thursday, the pair retreated from recent highs but found strong support at 7-EMA. 
   
• USD/TRY is trading 0.3 percent down at 6.9734, having hit a high of 7.0079 on Wednesday, its highest since August 2018. 
   
• Immediate resistance is located at 7.0086, any close above could take it above 7.0142.
   
• On the downside, support is seen at 6.9488 and break below could take it near 6.9279 (7-EMA).