Pivot (invalidation): 0.7270
Our preference Short positions below 0.7270 with targets at 0.7235 & 0.7215 in extension.
Alternative scenario Above 0.7270 look for further upside with 0.7300 & 0.7315 as targets.
Comment The RSI is bearish and calls for further downside.
![](https://www.actionforex.com/wp-content/uploads/2018/08/acm2018083116-600x392.jpg)