Pivot
7330.00
Our preference
Long positions above 7330.00 with targets at 7540.00 & 7630.00 in extension.
Alternative scenario
Below 7330.00 look for further downside with 7160.00 & 7100.00 as targets.
Comment
A support base at 7330.00 has formed and has allowed for a temporary stabilisation.
Supports and resistances
7740.00
7630.00
7540.00
7461.00 Last
7330.00
7160.00
7100.00
Number of asterisks represents the strength of support and resistance levels.