Pivot
(invalidation): 7.8570
Our preference
Short positions below 7.8570 with targets at 7.7920 & 7.7550 in extension.
Alternative scenario
Above 7.8570 look for further upside with 7.9000 & 7.9380 as targets.
Comment
A break below 7.7920 would trigger a drop towards 7.7550.
(By Swissquote TRADING CENTRAL)
