Pivot (invalidation): 12290.00
Our preference Short positions below 12290.00 with targets at 12180.00 & 12120.00 in extension.
Alternative scenario Above 12290.00 look for further upside with 12337.00 & 12420.00 as targets.
Comment The RSI advocates for further downside.
![](https://www.actionforex.com/wp-content/uploads/2019/06/8-33-600x392.jpg)