Pivot (invalidation): 5.5150
Our preference
Long positions above 5.5150 with targets at 5.6100 & 5.6920 in extension.
Alternative scenario
Below 5.5150 look for further downside with 5.4650 & 5.3850 as targets.
Comment
A support base at 5.5150 has formed and has allowed for a temporary stabilisation.
(By Swissquote TRADING CENTRAL)
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