Thursday, October 15, 2026

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FxWirePro: Turkish lira erases previous loss against U.S. dollar, stabilizes around 3.75 mark

USD/TRY is currently trading at 3.75 levels. It made intraday high at 3.7579 and low at 3.7273 levels. Intraday bias remains bullish for the moment. Key resistances are seen at 3.7729, 3.8038, 3.8618, 3.9106, 3.9438, 3.9…

By FxWirePro Team
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FxWirePro: Turkish lira erases previous loss against U.S. dollar, stabilizes around 3.75 mark
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  • USD/TRY is currently trading at 3.75 levels.
     
  • It made intraday high at 3.7579 and low at 3.7273 levels.
     
  • Intraday bias remains bullish for the moment. 
     
  • Key resistances are seen at 3.7729, 3.8038, 3.8618, 3.9106, 3.9438, 3.9618, 3.9755 and 3.9927 levels respectively.
     
  • A sustained close below 3.7351 will drag the parity down towards key supports around 3.7060, 3.6848 and 3.6282 marks thereafter.
     
  • Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.

    We prefer to go long on USD/TRY around 3.75, stop loss 3.7185 and target of 3.80.

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By FxWirePro Team