Pivot (invalidation): 5.3050
Our preference Long positions above 5.3050 with targets at 5.3500 & 5.3750 in extension.
Alternative scenario Below 5.3050 look for further downside with 5.2680 & 5.2300 as targets.
Comment The RSI lacks downward momentum.
![](https://www.actionforex.com/wp-content/uploads/2018/12/7-13-600x392.jpg)