Pivot (invalidation): 5.4950
Our preference
Short positions below 5.4950 with targets at 5.4450 & 5.4100 in extension.
Alternative scenario
Above 5.4950 look for further upside with 5.5300 & 5.5620 as targets.
Comment
The RSI lacks upward momentum.
(By Swissquote TRADING CENTRAL)
