(06 JUNE 2019)USD/TRY:Under pressure.

vot (invalidation): 5.7390

Our preference

Short positions below 5.7390 with targets at 5.7010 & 5.6740 in extension.

Alternative scenario

Above 5.7390 look for further upside with 5.7660 & 5.7920 as targets.

Comment

As Long as the resistance at 5.7390 is not surpassed, the risk of the break below 5.7010

remains high.

(By Swissquote TRADING CENTRAL)