Pivot (invalidation): 0.7380
Our preference Long positions above 0.7380 with targets at 0.7410 & 0.7425 in extension.
Alternative scenario Below 0.7380 look for further downside with 0.7365 & 0.7345 as targets.
Comment Technically the RSI is above its neutrality area at 50.
![](https://www.actionforex.com/wp-content/uploads/2018/08/acm2018080616-600x392.jpg)