الدولار الليرة: يتصارع الثيران مع المقاومة الشهرية عند 13.60- easytradeweb.com

The USD/TRY pair is oscillating around the monthly resistance line, near $13.53 during Monday’s European session.

Read more: The dollar-lira remains loyal to the sideways fluctuation around 13.40

Dollar Lira Technical Analysis

However, the successful trading of the Turkish lira (TRY) above the 100-day moving average is joining the gradually rising RSI line to indicate the buyers are slow towards victory.

However, a clear bullish breakout at $13.60 becomes necessary for them to challenge the January high around $13.94.

If USD/TRY rises beyond $13.94, focus will be on $14.00 high and Dec 21st high at $14.14.

dollar lira

Alternatively, pullbacks may initially aim for the 100-SMA at $13.49, and a break of it would direct the price towards short-term horizontal support near $13.25.

During the dollar-TL pair weakening after $13.25, the January 12 low near $13.16 might provide an intermediate stop for the southerner targeting the $13.00 threshold.


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