(29 January 2020)USD/TRY Range.

Pivot
 (invalidation): 5.9490
Our preference
Short positions below 5.9490 with targets at 5.9330 & 5.9230 in extension.
Alternative scenario
Above 5.9490 look for further upside with 5.9570 & 5.9680 as targets.
Comment
As Long as the resistance at 5.9490 is not surpassed, the risk of the break below 5.9330
remains high.

(By Swissquote TRADING CENTRAL)