Sun, Feb 01, 2026 13:09 GMT
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    HomeContributorsTechnical AnalysisUSD/TRY Key Resistance At 5.8200

    USD/TRY Key Resistance At 5.8200

    Pivot (invalidation): 5.8200

    Our preference Short positions below 5.8200 with targets at 5.7810 & 5.7620 in extension.

    Alternative scenario Above 5.8200 look for further upside with 5.8410 & 5.8610 as targets.

    Comment The upward potential is likely to be limited by the resistance at 5.8200. The negatively-sloped 50-period moving average (now around the key resistance at 5.8200) is helping to maintain intraday bearishness.

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