Pivot (invalidation): 5.4970
Our preference
Short positions below 5.4970 with targets at 5.4490 & 5.4230 in extension.
Alternative scenario
Above 5.4970 look for further upside with 5.5160 & 5.5290 as targets.
Comment
A break below 5.4490 would trigger a drop towards 5.4230.
(By Swissquote TRADING CENTRAL)
