Pivot
(invalidation): 7.8340
Our preference
Long positions above 7.8340 with targets at 7.8990 & 7.9350 in extension.
Alternative scenario
Below 7.8340 look for further downside with 7.8020 & 7.7760 as targets.
Comment
The RSI calls for a rebound.
(By Swissquote TRADING CENTRAL)
