Pivot (invalidation): 5.6300
Our preference
Short positions below 5.6300 with targets at 5.5910 & 5.5770 in extension.
Alternative scenario
Above 5.6300 look for further upside with 5.6530 & 5.6700 as targets.
Comment
As Long as 5.6300 is resistance, look for choppy price action with a bearish bias.
(By Swissquote TRADING CENTRAL)
