USDTRY

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USDTRY

In emerging markets, the weakness of currencies against the US Dollar is noteworthy. This morning, the weakest currency was the Malaysian Ringgit, which lost 0.34% in value, while the Russian Ruble stood out as the strongest currency with a 0.01% gain. The Turkish Lira is among the weaker currencies, trading at 36.24 during the USD/TRY analysis, with a decline of 0.02%.

In the short-term assessment of USD/TRY, the lower point of the Envelope indicator shows the 36.05 region. As long as the exchange rate remains above this level, it can maintain its optimism. The levels of 36.25, 36.33, and 36.41 emerge as potential movement areas. However, a significant trend change in the exchange rate is not expected unless there is considerable news flow in terms of the Turkish Lira. Key levels: 36.05 and 36.41.

Support :

36.19 - 36.13 - 36.05

Resistance :

36.25 - 36.33 - 36.41