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

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 di…

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  • 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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