Thursday, October 15, 2026

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FxWirePro: USD/TRY fails to sustain below 3.02 mark, bias turns to bullish

USD/TRY is currently trading at 3.0292 levels. It made intraday high at 3.0392 and low at 3.0190 levels. Intraday bias remains slightly bullish till the time pair holds key support at 3.0190 marks. A sustain close below …

By Cynthia Firey Eakin
1 min read
FxWirePro: USD/TRY fails to sustain below 3.02 mark, bias turns to bullish
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  • USD/TRY is currently trading at 3.0292 levels.
     
  • It made intraday high at 3.0392 and low at 3.0190 levels.
     
  • Intraday bias remains slightly bullish till the time pair holds key support at 3.0190 marks.
     
  • A sustain close below 3.03 mark will drag the parity down towards key supports around 3.0218, 3.0122, 2.9598, 2.9189, 2.9015 and 2.8847 thereafter.
     
  • On the other side, key resistance levels are seen at 3.0392, 3.0675, 3.0749, 3.0921, 3.0967 and 3.1048 levels respectively.

We prefer to take long position in USD/TRY around 3.03 stop loss 3.0190 and target 3.0749.

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By FxWirePro Team