USDTRY

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USDTRY

There is a stagnation on the USDTRY side. Even if they suppress the price, unless there is a new development that will strengthen the TL side in the pressure, the declines may remain limited, and even if the declines continue, there are trend-oriented expectations above the 233-period exponential moving average (28.48). The price has been stuck in a narrow band for the last week. Technically, we expect it to test the 28.96 resistance zone during the day. Support: 28.48 – 28.30 Resistance: 28.96 – 29.40