FxWirePro: USD/TRY remains well supported above 3.05 mark, downside limited

• USD/TRY is currently trading at 3.0687 levels.
   
• It made intraday high at 3.0749 and low at 3.0559 levels.
   
• Intraday bias remains slightly bullish till the time pair holds key support at 3.0534 marks.
   
• A sustain close below 3.05 mark will drag the parity down towards key supports around 3.0218, 3.0122, 2.9598, 2.9189, 2.9015 and 2.8847 thereafter.
   
• On the other side, key
  resistance levels are seen at 3.0749, 3.0921, 3.0967 and 3.1048 levels respectively.

We prefer to take long position in USD/TRY around 3.0645, stop loss 3.0534 and target 3.0749/ 3.0921.