FxWirePro: Turkish lira falls 0.8 pct on the day, hits lowest since September 2015

• USD/TRY is currently trading at 3.0533 levels.
   
• It made intraday high at 3.0612 and low at 3.0308 levels.
   
• Short term outlook remains bullish till the time pair holds key support level at 2.9962 levels.
   
• In addition, a daily close below key support level will drag the parity down towards 2.9598, 2.9189, 2.9015 and 2.8847 thereafter.
   
• On the other side, key resistance levels are seen at 3.0744, 3.0928 and 3.1048 levels respectively.

Positioning is inconclusive at this point, with prices offering no clear cut signal to initiate a long or short trade. We will continue to remain on sidelines for the time being.