Pivot
7340.00
Our preference
Long positions above 7340.00 with targets at 7660.00 & 7760.00 in extension.
Alternative scenario
Below 7340.00 look for further downside with 7080.00 & 6785.00 as targets.
Comment
The RSI lacks momentum.
Supports and resistances
8000.00
7760.00
7660.00
7553.92 Last
7340.00
7080.00
6785.00
Number of asterisks represents the strength of support and resistance levels.