Pivot (invalidation): 5.3410
Our preference
Short positions below 5.3410 with targets at 5.3000 & 5.2775 in extension.
Alternative scenario
Above 5.3410 look for further upside with 5.3630 & 5.3870 as targets.
Comment
The RSI is bearish and calls for further downside
(By Swissquote TRADING CENTRAL)
