0
48
Pivot (invalidation): 5.4620
Our preference
Long positions above 5.4620 with targets at 5.5080 & 5.5450 in extension.
Alternative scenario
Below 5.4620 look for further downside with 5.4370 & 5.3970 as targets.
Comment
A support base at 5.4620 has formed and has allowed for a temporary stabilisation.
(By Swissquote TRADING CENTRAL)