30 November 2020 Exchange Rate Analysis Euro / TL
30 November 2020 Exchange Rate Analysis Euro / TL – EUR / TL in the last closing day of the week according to figures from the Statistics Institute of Turkey’s domestic economic confidence index fell to 89.5 in November decreased 3.5% level.
On the euro side, the economic confidence index met the expectations and dropped to -17.6, from -15.5 in October. During the session, while the positive outlook of the Turkish Lira was maintained, it was observed that the statements of the officials of the European Central Bank and the positive view around the Euro restricted the negative movements in the cross.
From a technical point of view, it was observed that the cross remained decisive at the 9.37 level.
Support Points: 9.35 – 9.32 – 9.30
Resistance Points: 9.39 – 9.42 – 9.45