FxWirePro- Major Pair levels and bias summary 
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FxWirePro- Woodies pivot (Major) 
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Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch 
- The Turkish Lira fell to a 1-week low ahead of the Central Bank of the Republic of Turkey (CBRT) interest rate decision on Thursday.
- The Central Bank of Turkey cut its one-week repo auction rate by 425bps to 19.75 percent during its July meeting, against market expectations of a 250bps cut.
- USD/TRY is currently trading 0.3 percent up at 5.7645, having hit a high of 5.7727 earlier, its highest since September 3.
- Technical indicators show bullish trend - RSI up at 56.11 and Stochs are biased higher.
- Immediate resistance is located at 5.7895 (August 22 High), break above could take it till 5.8581 (August 27 Peak).
- On the flip side, major support is seen at 5.6800 (trendline joining 5.4494 and 5.6484), any break below could take it near 5.5965 (200-DMA).
Recommendation: Good to buy on dips around 5.7370, with stop loss of 5.7155 and target price of 5.7895.
