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FxWirePro: USD/ZAR edges higher, set to stay on back foot 
- The Turkish Lira retreated from a 1-1/2 month low following the release of mixed economic data.
- Turkey's retail sales increased 0.3 percent in August after posting a 1.5 percent decline in the previous month.
- However, the Turkish currency trimmed gains as the unemployment rate rose to 13.9 percent in July from 13 in June.
- USD/TRY is currently trading 0.1 percent down at 5.9181, having hit a high of 5.9384 on Monday, its highest since August 26.
- Momentum indicators are turning bearish on hourly charts - Stochs indicates a bearish crossover and MACD support downside.
- Immediate resistance level is located at 5.9607, any close above could take it above 5.9800.
- On the downside, support is seen at 5.8581, and break below could take it near 5.8026.
Recommendation: Good to sell on rallies around 5.9201, with stop loss of 5.9429, and target price of 5.8581.
