USDTRY

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USDTRY

On a day when currencies in emerging markets moved in different directions against the US Dollar, the Mexican Peso emerged as the strongest currency with an increase of 0.41%, while the Thai Baht was recorded as the weakest with a decline of 0.30%. The Turkish Lira, with an increase of 0.07%, is trading close to the 36.44 level at the time of the USD/TRY analysis.

In the short term, the 36.27 level stands out as a significant support point when evaluating the USD/TRY exchange rate. As long as the rate continues to stay above this level, it has the potential to rise towards 36.47, 36.55, and 36.63. However, a continued consolidation between 36.27 and 36.63 is expected unless there are sudden changes in the Lira's value.

Support :

36.39 - 36.33 - 36.27

Resistance :

36.47 - 36.55 - 36.63