Pivot (invalidation): 5.9700
Our preference
Long positions above 5.9700 with targets at 6.0170 & 6.0540 in extension.
Alternative scenario
Below 5.9700 look for further downside with 5.9300 & 5.9000 as targets.
Comment
A support base at 5.9700 has formed and has allowed for a temporary stabilisation.
(By Swissquote TRADING CENTRAL)
