Pivot (invalidation): 5.8940
Our preference
Short positions below 5.8940 with targets at 5.8480 & 5.8300 in extension.
Alternative scenario
Above 5.8940 look for further upside with 5.9250 & 5.9580 as targets.
Comment
As Long as the resistance at 5.8940 is not surpassed, the risk of the break below 5.8480
remains high.
(By Swissquote TRADING CENTRAL)
