- USD/TRY is currently trading at 3.0696 levels.
- It made intraday high at 3.0705 and low at 3.0551 levels.
- Intraday bias remains bearish for the moment till the time pair holds key resistance at 3.0970 levels.
- Key resistances are seen 3.0970, 3.1048, 3.1128 and 3.1276 levels respectively.
- Alternatively, current down fall will drag the parity down towards key supports around 3.0678, 3.0551, 3.0343, 3.0159, 2.9932, 2.9771, 2.9649, 2.9491, 2.9314, 2.9207, 2.9178, 2.9015 and 2.8847 thereafter.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart. Current downside movement is short term trend correction only.
We prefer to go short on USD/TRY around 3.07, stop loss at 3.0970 and target of 3.0551/3.0343.


FxWirePro: GBP/AUD eases slightly, focus on near-term support
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Pair levels and bias summary
AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop
FxWirePro : EUR/NZD holding below 38.2% fibo ahead of US data
FxWirePro : EUR/NZD slips lower after soft US jobs report
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY holds tight range ahead of key U.S. payrolls data
FxWirePro: USD/CNY slips as strong China exports data Lift yuan
FxWirePro: GBP/AUD under pressure after disappointing U.S. employment data
FxWirePro: GBP/USD rises as weak U.S. jobs data pressures dollar
DAX & CAC40 Score Perfect 100: Extremely Bullish With Major Levels to Watch as FTSE100 Hits 80
Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop
FxWirePro: EUR/ AUD neutral in the near term, scope further downside
FxWirePro: AUD/USD eases as investors switch focus to RBA 



