Pivot
(invalidation):
0.5985
Our preference
Long positions above 0.5985 with targets at 0.6050 & 0.6075 in extension.
Alternative scenario
Below
0.5985 look for further downside with 0.5960 & 0.5935 as targets.
Comment
Even though a continuation of the consolidation cannot
be ruled out, its extent should be
limited
(By Swissquote TRADING CENTRAL)