During the morning session, the USD/TRY pair is testing 41.7100, holding near its highs. The US currency remains under pressure amid growing expectations of monetary policy easing, as signaled by the minutes of the regulator’s September meeting.

On the four-hour chart, the price is moving within a long-term uptrend, holding in the area of 41.6914, while at the level of 41.5396, one can identify the "bullish" candlestick analysis patterns Hammer, Morning Star, which includes the Inverted Hammer figure, and Bullish Engulfing patterns. Their combination signals increasing pressure from the "bulls", and at the moment, a price gap is already forming, which is acting as a new support level.