Long positions above 7640.00 with targets at 8000.00 & 8260.00 in extension.
Pivot: 7640.00
Our preference: long positions above 7640.00 with targets at 8000.00 & 8260.00 in extension.
Alternative scenario: below 7640.00 look for further downside with 7500.00 & 7330.00 as targets.
Comment: the RSI is mixed with a bullish bias.
Supports and resistances:
8390.00
8260.00
8000.00
7837.01 Last
7640.00
7500.00
7330.00