• The Turkish Lira nudged up after falling to an over 1-1/2 year trough in the prior session. 
   
• The Turkish currency attempted a recovery, drawing support from an improvement in global sentiment stoked by signs that the coronavirus crisis may be slowing in New York and in Europe.
   
• On Tuesday, in an effort to support the economy, Turkey's central bank opened a 90-day repo auction with a volume of 10 billion lira and an interest rate of 8.25 percent - 150 basis points below its policy rate.
   
• USD/TRY is trading 0.1 percent lower at 6.7591, having hit a high of 6.7913 on Monday, its highest since August 2018. 
   
• The pair declined as low as 6.6964 but found strong support at 38.2% Fib. 
   
• Immediate resistance is located at 6.7799, any close above could take it above 6.7919.
   
• On the downside, support is seen at 6.6942  and break below could take it near 6.6706 (7-EMA).