USDTRY

Emerging market currencies are showing mixed performance ahead of the U.S. non-farm payrolls data. The Turkish lira remains under pressure due to Fed rate cut expectations and global economic uncertainties. Meanwhile, Fitch’s credit rating evaluation for Turkey is being closely monitored by the markets. The lira is trying to find direction amid global risk sentiment. On the 4-hour chart, the USDTRY pair finds support at 33.88 and 33.8, while resistance is observed at 34.05 and 34.13. The RSI indicator is at 46.86, moving in neutral territory. The pair is trading at 33.95813, up by 0.02% from the previous day Support:33.88 - 33.8 - 33.71 Resistance:34.05 - 34.13 - 34.24