- USD/TRY is currently trading at 2.9844 levels.
- It made intraday high at 2.9867 and low at 2.9786 levels.
- Intraday bias remains bullish till the time pair holds key support at 2.9786 marks.
- A sustained close below 2.9725 will drag the parity down towards key supports around 2.9667, 2.9598, 2.9189, 2.9015 and 2.8847 thereafter.
- On the other side, key resistance levels are seen at 2.9977, 3.0085, 3.0392, 3.0675, 3.0749, 3.0921, 3.0967 and 3.1048 levels 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 take long position in USD/TRY around 2.98, stop loss 2.9725 and target 3.0085.


FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies
Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions
FxWirePro: GBP/NZD range to extend until there is game changing news
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro- Major European Indices
Bitcoin Recovers Amid Easing Geopolitics: Bulls Target USD 80,000 Support Rebound
FxWirePro: USD/JPY neutral in the near-term, scope for downward resumption
FxWirePro: USD/CNY gains some ground but bearish outlook persists 



