On the one hand, we have the gap at 6.87. On the other hand, we have solid support at 7.50.
The following applies: I would like to fill the gap. But that is not a must have. However, if we don't fill it, it acts like a magnet. A break below 7.50 would give an initial signal that the market would fill the gap. We have to close above 8.20 and build strength there. Then the probability of the gap fill scenario decreases."
A few weeks ago I mentioned that the probability for a gap fill is high. AND HERE WE GO!