Pivot (invalidation): 5.4510
Our preference
Long positions above 5.4510 with targets at 5.4780 & 5.4890 in extension.
Alternative scenario
Below 5.4510 look for further downside with 5.4320 & 5.4140 as targets.
Comment
The break above 5.4510 is a positive signal that has opened a path to 5.4780.
(By Swissquote TRADING CENTRAL)