Pivot (invalidation): 1.1240
Our preference Short positions below 1.1240 with targets at 1.1205 & 1.1180 in extension.
Alternative scenario Above 1.1240 look for further upside with 1.1255 & 1.1270 as targets.
Comment The RSI calls for a new downleg.
![](https://www.actionforex.com/wp-content/uploads/2019/07/1-25-600x392.jpg)