USDTRY

The USD/TRY pair is affected in global markets by the tariffs imposed by the US on imports and the weakening of emerging market currencies against the dollar. Turkey's high inflation and the Central Bank of Turkey's interest rate policy increase the pressure on the Turkish Lira, while the rise in the dollar index due to US tariffs creates upward pressure on the pair. The weak performance of the Turkish Lira compared to other emerging market currencies like the Mexican Peso indicates that the upward movement in the USD/TRY pair could continue.

In technical analysis, the USD/TRY pair is testing the 35.90 resistance, and levels of 35.96 and 36.01 can be observed in upward movements. In downward movements, 35.86, 35.80, and 35.71 levels are monitored as support. The RSI indicator is at the 60 level and shows a positive outlook, indicating the continuation of upward momentum. The pair's 0.29% increase compared to the previous day suggests that the upward trend may strengthen.