Pivot (invalidation): 16.1200
Our preference Short positions below 16.1200 with targets at 15.9000 & 15.8500 in extension.
Alternative scenario Above 16.1200 look for further upside with 16.1900 & 16.2400 as targets.
Comment The RSI is mixed and calls for caution.
![](https://www.actionforex.com/wp-content/uploads/2018/06/acm2018062924-600x392.jpg)