Pivot
(invalidation): 7.7850
Our preference
Long positions above 7.7850 with targets at 7.8230 & 7.8510 in extension.
Alternative scenario
Below 7.7850 look for further downside with 7.7700 & 7.7500 as targets.
Comment
A support base at 7.7850 has formed and has allowed for a temporary stabilisation.
(By Swissquote TRADING CENTRAL)
