USD/TRY Outlook: Lira Accelerates Higher after Taking Out 200DMA Barrier

<p>The Turkish lira regained traction and strengthens further against the US dollar, following break of pivotal 200SMA (7.3643) which held the action in past three weeks. Lira is also on track for the second straight bullish weekly close and third consecutive bullish month that adds to positive outlook. Holding lira became attractive to investors due [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/356713-usd-try-outlook-lira-accelerates-higher-after-taking-out-200dma-barrier/">USD/TRY Outlook: Lira Accelerates Higher after Taking Out 200DMA Barrier</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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