Pivot (invalidation): 5.4570
Our preference
Long positions above 5.4570 with targets at 5.4760 & 5.4890 in extension.
Alternative scenario
Below 5.4570 look for further downside with 5.4480 & 5.4380 as targets.
Comment
The RSI is mixed to bullish.
(By Swissquote TRADING CENTRAL)