Pivot
(invalidation): 7.9090
Our preference
Long positions above 7.9090 with targets at 7.9690 & 8.0000 in extension.
Alternative scenario
Below 7.9090 look for further downside with 7.8820 & 7.8500 as targets.
Comment
The RSI lacks downward momentum.
(By Swissquote TRADING CENTRAL)
