Pivot (invalidation): 7.9000
Our preference Short positions below 7.9000 with targets at 7.8170 & 7.7830 in extension.
Alternative scenario Above 7.9000 look for further upside with 7.9330 & 7.9700 as targets.
Comment As Long as the resistance at 7.9000 is not surpassed, the risk of the break below 7.8170 remains high.