TRY/JPY Intraday: The downside prevails as long as 3.1662 is resistance
Nov 4, 2026 6:00 AM
The downside prevails as long as 3.1662 is resistance, with 3.1411 and 3.1353 as targets

Our pivot point is at 3.1662.
Our preference:
The downside prevails as long as 3.1662 is resistance, with 3.1411 and 3.1353 as targets
Alternative scenario:
above 3.1662, look for 3.1759 and 3.1817.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. The price stands below its 20 and 50 period moving average (respectively at 3.1621 and 3.1621).
Supports and resistances:
3.1817 **
3.1759 *
3.1662 **
3.1552 last
3.1411
3.1353 **
3.1295 *
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