USDTRY 27.2.2025

Technical Analysis
Thursday, February 27, 2025 - 09:55
Point Trader Group

General Trend:

The trend is strongly bullish in the medium and long term, with the price showing strong buying momentum, forming higher highs and higher lows. There are no clear signs of weakness in the trend so far.

Expected Scenario:

Bullish Scenario:

Holding above the 36.07 support level will support further upside towards 36.50.

A breakout above 36.57 could lead to targeting higher levels such as 37.00.

Bearish Scenario:

If the 36.07 support level is broken, the price may decline to test 35.80.

Further decline below 35.57 may push the price towards 35.20.

Key Levels:

Resistances: 36.50 - 36.57 - 37.00

Supports: 36.07 - 35.80 - 35.57

  Disclosure of risk:     Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.


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