Pivot
(invalidation): 7.8420
Our preference
Short positions below 7.8420 with targets at 7.7780 & 7.7470 in extension.
Alternative scenario
Above 7.8420 look for further upside with 7.8800 & 7.9150 as targets.
Comment
The upward potential is likely to be limited by the resistance at 7.8420.
(By Swissquote TRADING CENTRAL)
