Pivot (invalidation): 1224.00
Our preference Short positions below 1224.00 with targets at 1218.00 & 1215.50 in extension.
Alternative scenario Above 1224.00 look for further upside with 1227.50 & 1230.50 as targets.
Comment The RSI advocates for further downside.
![](https://www.actionforex.com/wp-content/uploads/2018/07/acm2018073023-600x392.jpg)