Pivot (invalidation): 5.5380
Our preference
Short positions below 5.5380 with targets at 5.5140 & 5.5020 in extension.
Alternative scenario
Above 5.5380 look for further upside with 5.5560 & 5.5920 as targets.
Comment
The upward potential is likely to be limited by the resistance at 5.5380.
(By Swissquote TRADING CENTRAL)
