(12 AUGUST 2019)USD/TRY:Expect 5.4620.

Pivot
 (invalidation): 5.5120
Our preference
Short positions below 5.5120 with targets at 5.4800 & 5.4620 in extension.
Alternative scenario
Above 5.5120 look for further upside with 5.5300 & 5.5500 as targets.
Comment
The RSI lacks upward momentum.

(By Swissquote TRADING CENTRAL)