Pivot (invalidation): 1196.75
Our preference Short positions below 1196.75 with targets at 1191.25 & 1189.50 in extension.
Alternative scenario Above 1196.75 look for further upside with 1198.75 & 1202.00 as targets.
Comment The RSI is mixed to bearish.
![](https://www.actionforex.com/wp-content/uploads/2018/09/acm21-1-600x392.jpg)