USDTRY

Emerging market currencies moved in different directions against the US Dollar, with the Mexican Peso showing the strongest performance of the day, increasing by 0.17%. The Thai Baht, on the other hand, became the weakest currency, decreasing by 0.37%. The Turkish Lira is positioned in the weaker part of the list, with a decline of 0.06%, while the USDTRY pair is trading close to the 36.45 level at the time of analysis.

In the short-term assessment of USDTRY, the 36.25 level emerges as a critical support point. As long as the exchange rate remains above this level, it can maintain an optimistic outlook. This could create potential for an upward movement towards resistance levels such as 36.49, 36.55, and 36.62. However, a consolidation is likely to occur between 36.25 and 36.62, and a trend change is not expected unless there are sharp news flows regarding the Turkish Lira.