7.09 is the first line of defense. Time is running short, I don't think it will be a full retrace of the Fib this time. Significant number to reach on the way up and they are not technicals... 8.66, 8.68, 8.86, 8.88, 8.89, 8.98, 8.99 then all the 9s before we hit 10.
"If no news = good news, then good news = no news. If good news = oil found, then oil found = no news. So, oil found = good news = no news. We're golden!"