USDTRY

Most currencies in emerging markets are performing strongly against the US Dollar. Today, the strongest currency is the Malaysian Ringgit with an increase of 0.72%, while the weakest performer is the Indian Rupee with a decrease of 0.24%. The Turkish Lira is among the weaker currencies, showing a change of 0.01%, and is trading at around 36.43 at the time of the USDTRY analysis.

When examining the USDTRY exchange rate in the short term, the 36.22 level stands out as an important support point. As long as the rate remains above this level, there is potential for an upward movement towards resistance points at 36.49, 36.54, and 36.59. However, unless there is significant news flow regarding the Lira, a consolidation between 36.22 and 36.59 may be observed.