USD/TRY Clinches 2021 Highs Near 8.4500, Retreats Afterwards

USD/TRY key levels

At the moment the pair is gaining 0.86% at 8.2621 and faces the next up barrier at 8.4526 (2021 high Mar.30) seconded by 8.5777 (all-time high Nov.6 2020) and finally 9.0000 (round level). On the other hand, a drop below 7.7772 (high Mar.9) would aim for 7.4648 (200-day SMA) and then 7.1856 (monthly low Mar.19).

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