Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand 
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/ZAR sustains gains as uptrend remains strong 
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies 
FxWirePro: GBP/USD recovers but bears are not done yet again 
FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone 
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop 
FxWirePro- Major European Indices 
FxWirePro: USD/CNY gains some ground but bearish outlook persists 
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm 
FxWirePro: GBP/USD outlook weaker on renewed downside pressure 
FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level 
FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains 
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback 
- The Turkish Lira declined, hovering towards a 1-1/2 year low hit in the previous session, sapped by concerns about the coronavirus outbreak.
- On Tuesday, the Central Bank of the Republic of Turkey cut its key interest rate by 100bps to 9.75 percent in an earlier than expected policy meeting and took steps to support financial markets, in an effort to defend the economy from the coronavirus epidemic.
- USD/TRY is trading 1.10 percent up at 6.4672, having hit a high of 6.4940 on Tuesday, its highest since September 2018.
- Momentum indicators are bullish - RSI strong at 82, MACD supports upside and Stochs are at overbought levels.
- Immediate resistance is located at 6.5048, any close above could take it above 6.5115.
- On the downside, support is seen at 6.3350 (5-DMA) and break below could take it near 6.3174 (38.2% Fib).
Recommendation: Good to buy on dips around 6.3990, with stop loss of 6.3751 and target price of 6.5048.
