Pivot (invalidation): 5.9360
Our preference
Short positions below 5.9360 with targets at 5.8650 & 5.8250 in extension.
Alternative scenario
Above 5.9360 look for further upside with 5.9700 & 6.0080 as targets.
Comment
Even though a continuation of the technical rebound cannot be ruled out, its extent should be
limited.
(By Swissquote TRADING CENTRAL)
