Pivot (invalidation): 5.9560
Our preference
Long positions above 5.9560 with targets at 5.9800 & 6.0000 in extension.
Alternative scenario
Below 5.9560 look for further downside with 5.9400 & 5.9260 as targets.
Comment
A support base at 5.9560 has formed and has allowed for a temporary stabilisation.
(By Swissquote TRADING CENTRAL)
