Pivot (invalidation): 5.8200
Our preference
Short positions below 5.8200 with targets at 5.7730 & 5.7500 in extension.
Alternative scenario
Above 5.8200 look for further upside with 5.8520 & 5.8800 as targets.
Comment
The RSI is bearish and calls for further decline
(By Swissquote TRADING CENTRAL)
