(22 January 2020)USD/TRY Further advance.

Pivot
 (invalidation): 5.9200
Our preference
Long positions above 5.9200 with targets at 5.9450 & 5.9600 in extension.
Alternative scenario
Below 5.9200 look for further downside with 5.9070 & 5.8960 as targets.
Comment
The break above 5.9200 is a positive signal that has opened a path to 5.9450

(By Swissquote TRADING CENTRAL)