Pivot (invalidation): 5.4480
Our preference
Long positions above 5.4480 with targets at 5.4720 & 5.4890 in extension.
Alternative scenario
Below 5.4480 look for further downside with 5.4270 & 5.4100 as targets.
Comment
A support base at 5.4480 has formed and has allowed for a temporary stabilisation.
(By Swissquote TRADING CENTRAL)
