Pivot
(invalidation): 7.7920
Our preference
Long positions above 7.7920 with targets at 7.8950 & 7.9270 in extension.
Alternative scenario
Below 7.7920 look for further downside with 7.7540 & 7.7200 as targets.
Comment
The RSI calls for a rebound.
(By Swissquote TRADING CENTRAL)