Pivot
(invalidation): 7.9470
Our preference
Long positions above 7.9470 with targets at 8.0000 & 8.0200 in extension.
Alternative scenario
Below 7.9470 look for further downside with 7.9250 & 7.9080 as targets.
Comment
Technically the RSI is above its neutrality area at 50
(By Swissquote TRADING CENTRAL)
