- The Turkish Lira eased, hovering towards a 7-week low hit in the previous session following downbeat October current account figures.
- Turkey’s current account surplus declined to USD 1.55 billion in October from USD 2.64 billion in the same month of the previous year, below expectations of a USD 1.65 billion surplus and the smallest surplus since July.
- USD/TRY is trading 0.05 percent up at 5.8074, having hit a high of 5.8182 on Tuesday, its highest since October 22.
- Momentum indicators are bullish - RSI strong at 62.65, MACD supports upside and Stochs are at overbought levels
- Immediate resistance is located at 5.8281, any close above could take it above 5.8343.
- On the downside, support is seen at 5.7900, and break below could take it near 5.7753 (5-DMA).
Recommendation: Good to buy on dips around 5.8097, with stop loss of 5.7900 and target price of 5.8281.


FxWirePro: AUD/USD firms slightly, but downward resumption looks likely
NZDJPY Bearish Reversal Intact: Triple EMA Stack Signals Sell-on-Rallies Play Toward 90.50
FxWirePro: GBP/NZD climbs as robust U.S. employment figures triggers renewed buying interest.
AUD/JPY Dead-Cat Bounce Halted by EMA Wall; Sell-on-Rise Eyes 110.50 Target
USD/CHF Retreats to Key Trend-Line Wall; Buy-Above-0.8000 Strategy Targets Sharp Rally to 0.8150
FxWirePro- Major Crypto levels and bias summary
AUDJPY Cracks Below 113: Bearish Breakdown Accelerates Toward 110.50 Target
FxWirePro: EUR/ NZD bulls gain momentum,eyes level 2.0000
FxWirePro USD/JPY consolidates above 160.00 level despite fresh currency intervention threats
Sterling's Shine Fades: GBPJPY Sell-on-Rally Setup Targets 210.40 Breakdown
FxWirePro: AUD/USD holds narrow range, focus on near-term support
FxWirePro: GBP/USD falls to two-week low on strong US jobs data
FxWirePro: GBP/AUD bulls gain momentum on hot U.S. Jobs data
FxWirePro- Major Pair levels and bias summary
Sterling Surge: GBP/JPY Smashes Above 214 With Triple EMA Blessing; Bulls Eye 217
FxWirePro: EUR/AUD jumps as payrolls surprise fuels upside
FxWirePro: USD/CAD extends gains as U.S. dollar gains momentum after strong U.S. NFP data 



