Pivot (invalidation): 5.5660
Our preference
Long positions above 5.5660 with targets at 5.6620 & 5.7000 in extension.
Alternative scenario
Below 5.5660 look for further downside with 5.5270 & 5.4900 as targets.
Comment
The RSI lacks downward momentum.
(By Swissquote TRADING CENTRAL)
