USDTRY
The USD/TRY pair is trading in an environment where currencies of developing countries show differing performances against the US Dollar. The Turkish Lira exhibits a weak performance with a 0.10% loss in value, while the pair is trading near the 35.31 levels. The mixed outlook in Asian markets and the general weakness of the US Dollar may continue to exert pressure on the TRY. Economic data from the US and developments in global markets will be decisive for the pair.
In technical analysis, the USD/TRY pair finds support at the 35.28 and 35.22 levels, while upward movements are monitored at the resistance levels of 35.3, 35.35, and 35.4. During the day, the pair has shown a 0.09% change. On the chart, the RSI indicator is at the 55 level and the market is exhibiting a slightly positive trend. For the pair's current short-term outlook, maintaining above the 35.35 resistance level is important for the continuation of upward movements.
Support :
Resistance :