USD/TRY Price Analysis: Defends critical support above 13.00 on CBRT’s status-quo USDTRY Technical Analysis Currencies CBRT YieldCurve
, the confluence of the bullish 21 and 50-Daily Moving Averages at 13.05 will be a tough nut to crack should the daily lows give way.
Bulls need to find a strong foothold above the 14.00 threshold to negate the recent bearish momentum. The December 21 high of 14.14 will be the next relevant upside target.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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