USDTRY
The USD/TRY pair continues to be influenced by the performance divergence of emerging market currencies against the US Dollar. During this process, the Turkish Lira is among the weaker currencies, with the pair trading near the level of 35.64. Efforts to find balance following Trump's statements in the Asian markets, along with the positive trend in US index futures, are notable. The current state of US 10-year bond yields and the recovery tendency of the dollar index are also being monitored in the markets.
From a technical perspective, the support levels for the USD/TRY pair are highlighted at 35.59, 35.51, and 35.43. The resistance points are at 35.70, 35.78, and 35.88, respectively. Movement above 35.43 supports optimism, while a sustained level above 35.78 within the Envelope indicator framework can strengthen the current trend. The RSI indicator is at level 54, displaying a neutral outlook. The pair has recorded a limited increase, with a change of 0.15% compared to the previous day. A tendency to be confined between 35.43 - 35.78 can also be observed.
Support :
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