![(21 JANUARY 2019)USD/TRY:Key resistance at 5.3440. (21 JANUARY 2019)USD/TRY:Key resistance at 5.3440.](https://c.mql5.com/6/823/splash-724132.jpg)
![Jiming Huang Jiming Huang](https://c.mql5.com/avatar/2015/11/563C54E3-36DF.jpg)
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Pivot (invalidation): 5.3440
Our preference
Short positions below 5.3440 with targets at 5.3145 & 5.2960 in extension.
Alternative scenario
Above 5.3440 look for further upside with 5.3615 & 5.3880 as targets.
Comment
As Long as the resistance at 5.3440 is not surpassed, the risk of the break below 5.3145
remains high.
(By Swissquote TRADING CENTRAL)