- USD/TRY is currently trading at 3.8905 levels.
- It made intraday high at 3.8921 and low at 3.8589 levels.
- Intraday bias remains bullish for the moment.
- Key resistances are seen at 3.9438, 3.9618, 3.9755 and 3.9927 levels respectively.
- A sustained close below 3.8620 will drag the parity down towards key supports around 3.8432, 3.8221, 3.8019, 3.7875, 3.7807 and 3.7661 thereafter.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
We prefer to go long on USD/TRY around 3.89, stop loss 3.78 and target of 3.9755.


FxWirePro: AUD/USD edges higher ahead of RBA meeting minutes
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro: GBP/AUD loses momentum but bullish setup remains
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CNY downside pressure builds, key support level In focus
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro- Major European Indices
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro: USD/JPY retreats as Japan signals possible FX intervention
FxWirePro: GBP/USD advances on steady UK GDP growth
FxWirePro- Major Pair levels and bias summary
EUR/JPY Surges on Yen Weakness: Bullish Momentum Eyes 186-187 Targets
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 



