Pivot (invalidation): 1277.50
Our preference Long positions above 1277.50 with targets at 1288.50 & 1294.50 in extension.
Alternative scenario Below 1277.50 look for further downside with 1272.50 & 1269.00 as targets.
Comment The RSI shows upside momentum.
![](https://www.actionforex.com/wp-content/uploads/2019/05/21-7-600x392.jpg)