Pivot (invalidation): 1253.50
Our preference Short positions below 1253.50 with targets at 1247.00 & 1245.00 in extension.
Alternative scenario Above 1253.50 look for further upside with 1257.00 & 1260.25 as targets.
Comment The RSI shows downside momentum.
![](https://www.actionforex.com/wp-content/uploads/2018/07/acm2018071123-1-600x392.jpg)