- The Turkish Lira plunged to a new 9-1/2 month low hit earlier in the session.
- On Tuesday, the Turkish currency rallied to a near 1-week peak but closed 0.4 percent lower at 6.1408.
- USD/TRY is trading 0.3 percent up at 6.1588, having hit a high of 6.1632 earlier, its highest since May 10.
- Momentum indicators are bullish - RSI strong at 84, MACD supports upside and Stochs are at overbought levels.
- Immediate resistance is located at 6.1648, any close above could take it above 6.1729.
- On the downside, support is seen at 6.1160, and break below could take it near 6.1036 (5-DMA).
Recommendation: Good to buy on dips around 6.1414, with stop loss of 6.1309 and target price of 6.1648.


FxWirePro: EUR/AUD jumps as payrolls surprise fuels upside
FxWirePro: USD/JPY holds firm despite concerns over possible currency intervention
FxWirePro: GBP/NZD climbs as robust U.S. employment figures triggers renewed buying interest.
FxWirePro: AUD/USD softens as risk appetite abates
FxWirePro: GBP/AUD bulls gain momentum on hot U.S. Jobs data
FxWirePro USD/CAD steadies around 1.3910,retains bid tone
FxWirePro- Major Pair levels and bias summary
AUDJPY Reclaims 114: Bears Growl in the Short Term, But Bulls Hold the Line
FxWirePro: EUR/ NZD bulls gain momentum,eyes level 2.0000
FxWirePro: EUR/AUD holds narrow range, focus on near-term support
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD falls to two-week low on strong US jobs data
FxWirePro: EUR/NZD tight ranges prevail as market waits for fresh catalyst
FxWirePro: USD/JPY on nervous hold around 160.00
NZDJPY Bulls Reload: Why 93.50 Is the Line in the Sand for a Run to 97 



