Long positions above 7675.00 with targets at 7779.00 & 7840.00 in extension.
Pivot: 7675.00
Our preference: long positions above 7675.00 with targets at 7779.00 & 7840.00 in extension.
Alternative scenario: below 7675.00 look for further downside with 7618.00 & 7580.00 as targets.
Comment: the RSI is above its neutrality area at 50%.
Supports and resistances:
7900.00
7840.00
7779.00
7758.00 Last
7675.00
7618.00
7580.00