Pivot (invalidation): 5.4420
Our preference
Long positions above 5.4420 with targets at 5.4670 & 5.4890 in extension.
Alternative scenario
Below 5.4420 look for further downside with 5.4270 & 5.4100 as targets.
Comment
The break above 5.4420 is a positive signal that has opened a path to 5.4670.
(By Swissquote TRADING CENTRAL)