Pivot
(invalidation): 7.8600
Our preference
Long positions above 7.8600 with targets at 7.9000 & 7.9160 in extension.
Alternative scenario
Below 7.8600 look for further downside with 7.8410 & 7.8220 as targets.
Comment
Technically the RSI is above its neutrality area at 50.
(By Swissquote TRADING CENTRAL)
