Pivot (invalidation): 7.8420
Our preference Short positions below 7.8420 with targets at 7.7470 & 7.7100 in extension.
Alternative scenario Above 7.8420 look for further upside with 7.8800 & 7.9150 as targets.
Comment As Long as the resistance at 7.8420 is not surpassed, the risk of the break below 7.7470 remains high.