Pivot (invalidation): 5.4450
Our preference
Long positions above 5.4450 with targets at 5.4810 & 5.5060 in extension.
Alternative scenario
Below 5.4450 look for further downside with 5.4220 & 5.3930 as targets.
Comment
A support base at 5.4450 has formed and has allowed for a temporary stabilisation.
(By Swissquote TRADING CENTRAL)
