Pivot (invalidation): 5.8940
Our preference
Long positions above 5.8940 with targets at 5.9320 & 5.9580 in extension.
Alternative scenario
Below 5.8940 look for further downside with 5.8570 & 5.8360 as targets.
Comment
The RSI is bullish and calls for further upside.
(By Swissquote TRADING CENTRAL)
