Pivot (invalidation): 7.8000
Our preference Long positions above 7.8000 with targets at 7.9500 & 8.0000 in extension.
Alternative scenario Below 7.8000 look for further downside with 7.7360 & 7.6640 as targets.
Comment The RSI lacks downward momentum.
![](https://www.actionforex.com/wp-content/uploads/2020/11/7-13-600x392.jpg)