![(17 DECEMBER 2018)USD/TRY:Bullish bias above 5.3540. (17 DECEMBER 2018)USD/TRY:Bullish bias above 5.3540.](https://c.mql5.com/6/820/splash-723439.jpg)
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
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Pivot (invalidation): 5.3540
Our preference
Long positions above 5.3540 with targets at 5.3850 & 5.4050 in extension.
Alternative scenario
Below 5.3540 look for further downside with 5.3350 & 5.3210 as targets.
Comment
A support base at 5.3540 has formed and has allowed for a temporary stabilisation.
(By Swissquote TRADING CENTRAL)