(30 December 2019)USD/TRY Bullish bias above 5.9420.

Pivot
 (invalidation): 5.9420
Our preference
Long positions above 5.9420 with targets at 5.9600 & 5.9710 in extension.
Alternative scenario
Below 5.9420 look for further downside with 5.9330 & 5.9210 as targets.
Comment
The RSI lacks downward momentum.

(By Swissquote TRADING CENTRAL)