Pivot (invalidation): 5.4800
Our preference Short positions below 5.4800 with targets at 5.4050 & 5.3560 in extension.
Alternative scenario Above 5.4800 look for further upside with 5.5250 & 5.5890 as targets.
Comment The RSI is bearish and calls for further downside.
![](https://www.actionforex.com/wp-content/uploads/2019/01/7-4-600x392.jpg)