USD/TRY: New Highs This Month?

 | Jul 01, 2013 05:01AM ET

Monthly basis: It shall not be surprising to make new and historical highs while targeting the 2.0000 psychological level, especially above the 1.8990 level.. On a weekly basis: It shall decline till the 1.8920 level after breaking the 1.9085-1.9060 range, for correction. Resistance is at the 1.9545 level. It shall start the first business day of the week with a decline.