Pivot (invalidation): 5.4540
Our preference
Short positions below 5.4540 with targets at 5.4220 & 5.3930 in extension.
Alternative scenario
Above 5.4540 look for further upside with 5.4740 & 5.4890 as targets.
Comment
The RSI is bearish and calls for further downside.
(By Swissquote TRADING CENTRAL)
