Thursday, October 15, 2026

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FxWirePro: Turkish lira weakens to 3.6036 against dollar, hits weakest level in two weeks

USD/TRY is currently trading at 3.5927 levels. It made intraday high at 3.6036 and low at 3.5762 levels. Intraday bias remains bullish till the time pair holds key support at 3.55 marks. Key resistances are seen at 3.603…

By FxWirePro Team
1 min read
FxWirePro: Turkish lira weakens to 3.6036 against dollar, hits weakest level in two weeks
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  • USD/TRY is currently trading at 3.5927 levels.
     
  • It made intraday high at 3.6036 and low at 3.5762 levels.
     
  • Intraday bias remains bullish till the time pair holds key support at 3.55 marks.  
     
  • Key resistances are seen at 3.6036, 3.6238, 3.6552, 3.6925, 3.7180, 3.7479 and 3.7620 levels respectively.
     
  • A sustained close below 3.5810 will drag the parity down towards key supports around 3.5558, 3.5351 and 3.5132 marks respectively.
     
  • 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 3.5880, stop loss 3.5558 and target of 3.6238.

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By FxWirePro Team