Pivot (invalidation): 58.20
Our preference
Short positions below 58.20 with targets at 57.10 & 56.45 in extension.
Alternative scenario
Above 58.20 look for further upside with 58.90 & 59.25 as targets.
Comment
The RSI is bearish and calls for further downside.
(By Swissquote TRADING CENTRAL)
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