Pivot (invalidation): 5.5770
Our preference
Long positions above 5.5770 with targets at 5.6600 & 5.7040 in extension.
Alternative scenario
Below 5.5770 look for further downside with 5.5410 & 5.5100 as targets.
Comment
The RSI is bullish and calls for further upside
(By Swissquote TRADING CENTRAL)