Pivot (invalidation): 7.3680
Our preference Long positions above 7.3680 with targets at 7.4070 & 7.4300 in extension.
Alternative scenario Below 7.3680 look for further downside with 7.3490 & 7.3160 as targets.
Comment The RSI has just landed on its neutrality area at 50% and is turning up.
![](https://www.actionforex.com/wp-content/uploads/2020/08/7-23-600x392.jpg)