Morning Note /
Turkey

Turkey: Strong resistance at 1470

  • All eyes are turned to Erdogan-Biden meeting on Monday and the messages that will come out of it.

  • There is optimism baked into prices that there will be some re-approachement between Turkey & US

  • Only a strong positive from Monday’s meeting could help us break through that with some short-squeeze

Batuhan Ozsahin
ATA Invest
11 June 2021
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