(20 DECEMBER 2018)USD/TRY:Key resistance at 5.3210.

Pivot (invalidation): 5.3210

Our preference

Short positions below 5.3210 with targets at 5.2670 & 5.2460 in extension.

Alternative scenario

Above 5.3210 look for further upside with 5.3560 & 5.3940 as targets.

Comment

As Long as the resistance at 5.3210 is not surpassed, the risk of the break below 5.2670

remains high. 

(By Swissquote TRADING CENTRAL)