Pivot (invalidation): 5.4640
Our preference
Long positions above 5.4640 with targets at 5.4880 & 5.5150 in extension.
Alternative scenario
Below 5.4640 look for further downside with 5.4420 & 5.4250 as targets.
Comment
The RSI lacks downward momentum.
(By Swissquote TRADING CENTRAL)
