Pivot (invalidation): 5.4000
Our preference
Short positions below 5.4000 with targets at 5.2970 & 5.2450 in extension.
Alternative scenario
Above 5.4000 look for further upside with 5.4760 & 5.5280 as targets.
Comment
The RSI lacks upward momentum.
(By Swissquote TRADING CENTRAL)
