(14 November 2019)USD/TRY Bullish bias above 5.7550.

 
Pivot
 (invalidation): 5.7550
Our preference
Long positions above 5.7550 with targets at 5.7780 & 5.7870 in extension.
Alternative scenario
Below 5.7550 look for further downside with 5.7440 & 5.7290 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.

(By Swissquote TRADING CENTRAL)