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FxWirePro- Major Pair levels and bias summary 
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch 
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges 
- The Turkish Lira plunged to a fresh 8-1/2 month low following Central Bank of the Republic of Turkey's monetary policy decision.
- The CBRT slashed its one-week repo auction rate by 50bps to 10.75 percent during its February meeting, as widely expected.
- USD/TRY is trading 0.1 percent up at 6.0700, having hit a high of 6.0803 earlier, its highest since May 28.
- Momentum indicators are bullish - RSI strong at 74, MACD supports upside and Stochs are at overbought levels.
- Immediate resistance is located at 6.0818, any close above could take it above 6.0865.
- On the downside, support is seen at 6.0479 (5-DMA) and break below could take it near 6.0378 (7-EMA).
Recommendation: Good to buy on dips around 6.0645, with stop loss of 6.0557 and target price of 6.0818.
