Pivot
(invalidation):
5.9600
Our preference
Long positions above 5.9600 with targets at 5.9770 & 5.9840 in extension.
Alternative scenario
Below
5.9600 look for further downside with 5.9490 & 5.9390 as targets.
Comment
A support base at 5.9600 has formed and has allowed for a temporary stabilisation.
(By Swissquote TRADING CENTRAL)
