Pivot (invalidation): 1290.00
Our preference Short positions below 1290.00 with targets at 1281.50 & 1278.50 in extension.
Alternative scenario Above 1290.00 look for further upside with 1292.25 & 1295.25 as targets.
Comment The RSI advocates for further decline.
![](https://www.actionforex.com/wp-content/uploads/2019/01/21-8-600x392.jpg)