7504 is our pivot (invalidation) point.
Our preference The downside prevails as Long as 7504 is resistance.
Alternative scenario Above 7504, look for 7728 and 7861.
Comment The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair stands below its 20 and 50 MAs (respectively at 7360 and 7400).