Pivot (invalidation): 5.3640
Our preference
Long positions above 5.3640 with targets at 5.4210 & 5.4500 in extension.
Alternative scenario
Below 5.3640 look for further downside with 5.3350 & 5.3050 as targets.
Comment
A support base at 5.3640 has formed and has allowed for a temporary stabilisation.
(By Swissquote TRADING CENTRAL)
