USDTRY

A remarkable morning is unfolding with the performance of emerging market currencies against the US Dollar. The Polish Zloty is the weakest currency, declining by 0.20%, while the Malaysian Ringgit is recorded as the strongest, appreciating by 0.29%. The Turkish Lira, on the other hand, is in a weak position with a 0.05% loss, trading near the 36.70 level during the USDTRY analysis.

In the short-term USDTRY evaluation, the 36.49 level stands out as a significant support point. As long as the exchange rate remains above this level, optimism can be sustained. There is potential to reach target levels such as 36.76, 36.81, and 36.86. However, it is noted that a squeeze may occur between 36.49 and 36.86, and a trend change is not expected unless there is sharp news flow in TL terms.