FX: USDTRY Spikes On Geopolitical Uncertainty


*Trump Administration fuels volatility in the Lira 
*Hedging cost for Lira spikes 



The USD/TRY pair has formed a double top, a reversal signal. In order for the bulls to maintain its momentum, we need to see the 50-day SMA crossing above the 100-day SMA. 



 



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