Pivot
(invalidation): 7.9050
Our preference
Long positions above 7.9050 with targets at 7.9350 & 7.9550 in extension.
Alternative scenario
Below 7.9050 look for further downside with 7.8880 & 7.8680 as targets.
Comment
Technically the RSI is above its neutrality area at 50.
(By Swissquote TRADING CENTRAL)
