0
47
Pivot
(invalidation):
5.7270
Our preference
Long positions above 5.7270 with targets at 5.7480 & 5.7680 in extension.
Alternative scenario
Below
5.7270 look for further downside with 5.7120 & 5.6920 as targets.
Comment
Even though a continuation of the consolidation cannot be ruled out, its extent should be
limited