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)
![[iVISTscalp5]: A Laboratory for Market Behavior Research Through Time](https://c.mql5.com/6/1005/splash-preview-770124.jpg "[iVISTscalp5]: A Laboratory for Market Behavior Research Through Time")