（31 MAY 2019)USD/TRY:Key resistance at 5.9360.

Pivot (invalidation): 5.9360

Our preference

Short positions below 5.9360 with targets at 5.8650 & 5.8250 in extension.

Alternative scenario

Above 5.9360 look for further upside with 5.9700 & 6.0080 as targets.

Comment

Even though a continuation of the technical rebound cannot be ruled out, its extent should be

limited.

(By Swissquote TRADING CENTRAL)