Pivot (invalidation): 5.9260
Our preference
Long positions above 5.9260 with targets at 5.9600 & 5.9800 in extension.
Alternative scenario
Below 5.9260 look for further downside with 5.9000 & 5.8600 as targets.
Comment
A support base at 5.9260 has formed and has allowed for a temporary stabilisation.
(By Swissquote TRADING CENTRAL)
