Pivot (invalidation): 0.7410
Our preference Short positions below 0.7410 with targets at 0.7380 & 0.7370 in extension.
Alternative scenario Above 0.7410 look for further upside with 0.7420 & 0.7430 as targets.
Comment The RSI calls for a new downleg.
![](https://www.actionforex.com/wp-content/uploads/2018/08/acm2018080216-600x392.jpg)