USDTRY

The performance of currencies against the US Dollar in emerging markets is noteworthy. Today, the Thai Baht is the weakest currency at -0.23%, while the Argentine Peso is recorded as the strongest at +0.36%. The Turkish Lira is among the weaker currencies, trading around the 36.02 level during USD/TRY analysis, showing a decline of 0.05%.

Short-term USD/TRY analysis indicates that the lower point of the 1. Envelope indicator at 35.84 is significant. If the exchange rate remains above this level, there is potential for an increase towards 36.06, 36.13, and 36.20 levels. Particularly, maintaining above 36.20 could strengthen the current price movement. However, unless there is a sharp development in terms of the Lira, a consolidation process may occur between 35.84 and 36.20. Important levels: 35.84 and 36.20.