- USD/TRY is currently trading at 3.0148 levels.
- It made intraday high at 3.0190 and low at 3.0090 levels.
- Intraday bias remains bearish till the time pair holds key resistance at 3.0335 marks.
- A sustained close below 3.0090 mark will drag the parity down towards key supports around 2.9598, 2.9189, 2.9015 and 2.8847 thereafter.
- On the other side, key resistance levels are seen at 3.0392, 3.0675, 3.0749, 3.0921, 3.0967 and 3.1048 levels respectively.
We prefer to take short position in USD/TRY only below 3.01, stop loss 3.0412 and target 2.9598.
