USDTRY

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USDTRY

The currencies of developing countries are moving in different directions against the US Dollar. Today, the weakest currency is the Malaysian Ringgit, recorded at 0.22%, while the strongest is the Peruvian Sol, standing out at 0.49%. The Turkish Lira is among the weaker currencies at 0.07%, with the USDTRY analysis showing it trading around the 36.58 level.

In the short term, when evaluating the USDTRY exchange rate, the lower point of the 1. Envelope indicator at 36.35 emerges as an important level. As long as the rate remains above this level, it has the potential to maintain its optimism. The levels of 36.60, 36.67, and 36.72 are notable resistance points. Sustaining above 36.72 could contribute to strengthening the current trend. However, no changes in the ongoing trend are expected unless significant news emerges regarding the Lira. Key levels: 36.35 and 36.72.

Support :

36.55 - 36.51 - 36.47

Resistance :

36.6 - 36.67 - 36.72