Pivot
(invalidation): 7.9380
Our preference
Short positions below 7.9380 with targets at 7.8830 & 7.8680 in extension.
Alternative scenario
Above 7.9380 look for further upside with 7.9560 & 7.9740 as targets.
Comment
The RSI lacks upward momentum.
(By Swissquote TRADING CENTRAL)
