Eur/try in the next 10 hours. Buy sell or neutral
10/8/2024 02:25pm
1. **EUR/TRY Forecast**: The EUR to TRY exchange rate is forecasted to decrease by -0.60% in the next 24 hours, dropping from the current rate of ₺ 37.65 to ₺ 37.43.
2. **Technical Analysis**: The pair is expected to explore levels below 1.09, and the next support levels to monitor are 1.0935 and 1.0900.
3. **Market Sentiment**: The sentiment in the EUR/TRY market is bearish, which could lead to further decreases in the exchange rate.
In conclusion, the EUR/TRY pair is likely to experience a decrease in the next 10 hours, and a **sell** position may be a profitable opportunity based on the current forecasts and analysis.