- The Turkish Lira eased, halting a 3-day rally as the greenback gained strength across the board.
- USD/TRY is currently trading 0.9 percent up at 5.7364, having hit a high of 5.7586 earlier, its highest since September 12.
- RSI is strong at 55.02 and Stochs are biased higher
- Immediate resistance level is located at 5.7650, any close above could take it till 5.7913.
- On the downside, support is seen at 5.6951, and break below could take it near 5.6732.
Recommendation: Good to buy on dips around 5.7061, with stop loss of 5.6951, and target price of 5.7650.
