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- USD/TRY is currently trading at 3.0185 levels.
- It made intraday high at 3.0252 and low at 3.0087 levels.
- Intraday bias remains bullish till the time pair holds key support at 3.0087 marks.
- A sustained close below 3.0080 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 long position in USD/TRY around 3.0150, stop loss 3.0080 and target 3.0392.
