Pivot
(invalidation):
5.7760
Our preference
Long positions above 5.7760 with targets at 5.8060 & 5.8290 in extension.
Alternative scenario
Below
5.7760 look for further downside with 5.7620 & 5.7420 as targets.
Comment
The RSI advocates for further upside. The pair has just formed a bullish pattern of higher lows.
(By Swissquote TRADING CENTRAL)
