Pivot
(invalidation): 7.4730 Our preference
Long positions above 7.4730 with targets at 7.5210 & 7.5400 in extension.
Alternative scenario
Below 7.4730 look for further downside with 7.4560 & 7.4410 as targets.
Related Articles
This post first appeared on Trading Blogs And Financial Markets Analysis, please read the originial post: here