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.
![](https://www.actionforex.com/wp-content/uploads/2020/10/7-1-600x392.jpg)