• USD/TRY is currently trading at 3.7603 levels.
   
• It made intraday high at 3.7662 and low at 3.7319 levels.
   
• Intraday bias remains bullish till the time pair holds key support at 3.6703 marks.   
   
• 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 3.7437 will drag the parity down towards key supports around 3.7221, 3.7026, 3.6848, 3.6712, 3.6580, 3.6367 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 3.7520, stop loss 3.6703 and target of 3.8038.