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EUR/JPY Breaks Out: Euro Surges Past 185.00 Resistance Amid Strong Bullish Momentum 
- USD/TRY is currently trading at 3.4962 levels.
- It made intraday high at 3.5095 and low at 3.4881 levels.
- Intraday bias remains neutral for the moment.
- Key resistances are seen 3.4987, 3.5220 and 3.5491 marks respectively.
- Alternatively, sustained close below 3.4854 will drag the parity down towards key supports around 3.4645, 3.4314, 3.4031, 3.3928 and 3.3684 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart. Current downside movement is short term trend correction only.
We prefer to go long on USD/TRY only above 3.4979, stop loss at 3.4854 and target of 3.3684.
