2,28 Level is Important / USDTRY / 15/01/2015 09:56:00Yesterday retail sales stay remained below expected in the US side. After that dollar depreciated against emerging markets currencies. In this context the pair declined to the 2,28 level.
Today unemployment rate will be announced in domestic side. Also jobless claims, PPI and Philadelphia FED manufacturing index data will be followed...
by the markets. Especially PPI data should be followed carefully by the investors.
Technically in case of the pair staying above the 2,28 support level, then the 2,29 and the 2,2980 level would be aimed. However in case of the pair breaking the 2,28 support level, then the selling pressure would be rising.