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Pivot (invalidation): 5.2000
Our preference
Long positions above 5.2000 with targets at 5.2420 & 5.2730 in extension.
Alternative scenario
Below 5.2000 look for further downside with 5.1800 & 5.1570 as targets.
Comment
The RSI is bullish and calls for further upside.
(By Swissquote TRADING CENTRAL)