FxWirePro: USD/TRY halts 2-day losing streak, good to buy on dips

• The Turkish Lira eased, reversing most of its previous session losses.
   
• On Thursday, the pair tumbled as low as 5.6698 but trimmed losses to close lower at 5.6905. 
   
• USD/TRY is currently trading 0.2 percent up at 5.7013, having hit a high of 5.7576 on Wednesday, its highest since September 12. 
   
• RSI is strong at 50.79 and Stochs indicate a bullish crossover
   
• Immediate resistance level is located at 5.7207, any close above could take it till 5.7503. 
   
• On the downside, support is seen at 5.6732, and break below could take it near 5.6600.

Recommendation: Good to buy on dips around 5.6889, with stop loss of 5.6732 and target price of 5.7207.