(02 January 2020)USD/TRY Intraday support around 5.9310.

Pivot
 (invalidation): 5.9310
Our preference
Long positions above 5.9310 with targets at 5.9600 & 5.9710 in extension.
Alternative scenario
Below 5.9310 look for further downside with 5.9210 & 5.9130 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited.

(By Swissquote TRADING CENTRAL)