![(17 JANUARY 2019)USD/TRY:Key resistance at 5.3720. (17 JANUARY 2019)USD/TRY:Key resistance at 5.3720.](https://c.mql5.com/6/822/splash-724054.jpg)
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
0
60
Pivot (invalidation): 5.3720
Our preference
Short positions below 5.3720 with targets at 5.3240 & 5.2960 in extension.
Alternative scenario
Above 5.3720 look for further upside with 5.4170 & 5.4520 as targets.
Comment
Even though a continuation of the technical rebound cannot be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)