The USD/TRY pair is rising within a long-term upward trend continuing for over five years. This week, the price approached the 50.0000 level (Murrey [8/8]), and after consolidating above, reaching the area of 50.3906 (Murrey [+1/8]) and 50.7812 (Murrey [+2/8]) is expected. However, in case of a breakdown of the middle line of the Bollinger Bands at 49.5000, the start of a corrective downward movement to the area of 48.8281 (Murrey [5/8]) and 48.4375 (Murrey [4/8]) is probable, which is unlikely to lead to a change in the current trend.