Pivot (invalidation): 5.4160
Our preference
Long positions above 5.4160 with targets at 5.4760 & 5.5070 in extension.
Alternative scenario
Below 5.4160 look for further downside with 5.3875 & 5.3535 as targets.
Comment
The RSI calls for a rebound.
(By Swissquote TRADING CENTRAL)