Pivot (invalidation): 5.9400
Our preference
Long positions above 5.9400 with targets at 5.9600 & 5.9800 in extension.
Alternative scenario
Below 5.9400 look for further downside with 5.9260 & 5.9000 as targets.
Comment
Technically the RSI is above its neutrality area at 50.
(By Swissquote TRADING CENTRAL)
