USDTRY

image

USDTRY

If we look at the Dollar/Turkish Lira parity in the weekly time frame, we will notice the continuation of the determined upward trend. EMA10 (in purple) is an effective supporter of the average price. There has been no weekly close below this average for 14 months. In that case, as long as there is no weekly close below 18.77, we will expect the exchange rate to continue moving upwards. Support: 18.77 – 18.59 – 18.40 Resistance: 19.00 – 20.00