Thursday, October 15, 2026

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FxWirePro: Turkish lira continues to fall against US dollar, intraday bias remains bullish

USD/TRY is currently trading at 2.8463 levels. It made intraday high at 2.8520 and low at 2.8421 levels. Intraday bias remains bullish for the moment. A daily close below 2.8402 will take the parity down towards 2.8217 m…

By Cynthia Firey Eakin
1 min read
FxWirePro: Turkish lira continues to fall against US dollar, intraday bias remains bullish
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  • USD/TRY is currently trading at 2.8463 levels.
     
  • It made intraday high at 2.8520 and low at 2.8421 levels.
     
  • Intraday bias remains bullish for the moment.
     
  • A daily close below 2.8402 will take the parity down towards 2.8217 marks.
     
  • On the other side, reversal from 2.8098 will take the parity higher towards key resistances at 2.8595/ 2.8738 and 2.8915 marks.

We prefer to take long position in USD/TRY around 2.8460, stop loss 2.8402 and target 2.8595 levels.

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By FxWirePro Team