Pivot (invalidation): 5.5910
Our preference
Short positions below 5.5910 with targets at 5.5460 & 5.5230 in extension.
Alternative scenario
Above 5.5910 look for further upside with 5.6210 & 5.6450 as targets.
Comment
As Long as 5.5910 is resistance, look for choppy price action with a bearish bias.
(By Swissquote TRADING CENTRAL)
