USDTRY

The USD/TRY pair is exhibiting a mixed outlook due to significant economic data in global markets and uncertainties ahead of the U.S. elections. During a period when the currencies of developing countries generally show a strong performance against the dollar, the Turkish Lira is also displaying a relatively strong stance. As attention focuses on U.S. consumer confidence and job openings data, expectations regarding the Federal Reserve's monetary policy statement and the uncertainties of the upcoming elections continue to influence the markets.

Technically, the USD/TRY pair is trading close to the 34.27 level. While the levels of 34.22, 34.16, and 34.07 can be monitored as support, 34.30, 34.37, and 34.44 are being followed as resistance levels in upward movements. The RSI indicator is showing a neutral outlook at the 48 level. The pair is exhibiting a cautious trend with a slight pullback of 0.01% compared to the previous day. Sustaining above 34.09 could be important for the continuation of the positive outlook.