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USD/TRY Daily Technical Analysis | 27 September 2017

2017-09-27 10:57 am | Resource: Technical Analysis Section | No Views : 202

Our neutral view of USD/TRY trading against the lira as long as trading in the range of 3.55 to 3.5329 areas and the SMA 20 does not take a specific direction, which confirms our view of the neutral pair.

USD/TRY  Daily Technical Analysis | 27 September 2017

Relative Strength Index 14 Our view of trading is also neutral due to the lack of 62 zones or 50 levels.
 It is expected that,USD/TRY breaks at the level of 3.5115 may target the level of 3.5030 while in case of breach, the level of 3.5495 may target the level of 3.5766.
Support: 3.5314 - 3.5115- 3.4721
Resistance: 3.5495 - 3.5766 - 3.6014
Trend: neutral

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