Thursday, October 15, 2026

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FxWirePro: USD/TRY hovers around 3.64 mark, sustained close above targets 3.6925

USD/TRY is currently trading at 3.6395 levels. It made intraday high at 3.6467 and low at 3.6362 levels. Intraday bias remains neutral till the time pair holds key support at 3.6200 marks. Key resistances are seen at 3.6…

By FxWirePro Team
1 min read
FxWirePro: USD/TRY hovers around 3.64 mark, sustained close above targets 3.6925
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  • USD/TRY is currently trading at 3.6395 levels.
     
  • It made intraday high at 3.6467 and low at 3.6362 levels.
     
  • Intraday bias remains neutral till the time pair holds key support at 3.6200 marks.  
     
  • Key resistances are seen at 3.6552, 3.6925, 3.7180, 3.7479 and 3.7620 levels respectively.
     
  • A sustained close below 3.62 will drag the parity down towards key supports around 3.5852, 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 3.6390, stop loss 3.62 and target of 3.6925.

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By FxWirePro Team