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USD/TRY trading in tight range ahead today's US GDP and Fed statement

Wednesday, April 29, 2015 10:09 AM UTC

Massive 2.6500 expires adds to static trade
Another USD 750mln expiries at same level May 1
Pivotal at 2.6527, 21 DMA and below that 2.5555 (April low) level eyed
Correction of positioning imbalance assured if USD GDP disappoints

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USD/TRY trading in tight range ahead today's US GDP and Fed statement

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