Pivot (invalidation): 1197.25
Our preference Short positions below 1197.25 with targets at 1192.50 & 1190.00 in extension.
Alternative scenario Above 1197.25 look for further upside with 1200.00 & 1202.00 as targets.
Comment The RSI is bearish and calls for further downside.
![](https://www.actionforex.com/wp-content/uploads/2018/09/acm21-2-600x392.jpg)