Pivot
(invalidation):
5.9450
Our preference
Short positions below 5.9450 with targets at 5.9190 & 5.9090 in extension.
Alternative scenario
Above
5.9450 look for further upside with 5.9610 & 5.9770 as targets.
Comment
As Long as 5.9450 is resistance, look for choppy price
action with a bearish bias.
(By Swissquote TRADING CENTRAL)
