- USD/TRY is currently trading at 2.9844 levels.
- It made intraday high at 2.9867 and low at 2.9786 levels.
- Intraday bias remains bullish till the time pair holds key support at 2.9786 marks.
- A sustained close below 2.9725 will drag the parity down towards key supports around 2.9667, 2.9598, 2.9189, 2.9015 and 2.8847 thereafter.
- On the other side, key resistance levels are seen at 2.9977, 3.0085, 3.0392, 3.0675, 3.0749, 3.0921, 3.0967 and 3.1048 levels respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
We prefer to take long position in USD/TRY around 2.98, stop loss 2.9725 and target 3.0085.


FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD under pressure as key support gives way
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro: USD/ZAR recovers slightly but trend is still bearish
FxWirePro: USD/CAD extends decline on broad dollar weakness
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR edges lower ,investors remain on edge
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone 



