(16 AUGUST 2019)USD/TRY:5.5350 expected.

Pivot
 (invalidation): 5.5790
Our preference
Short positions below 5.5790 with targets at 5.5530 & 5.5350 in extension.
Alternative scenario
Above 5.5790 look for further upside with 5.5990 & 5.6280 as targets.
Comment
A break below 5.5530 would trigger a drop towards 5.5350.

(By Swissquote TRADING CENTRAL)