Pivot (invalidation): 58.20
Our preference Short positions below 58.20 with targets at 57.10 & 56.45 in extension.
Alternative scenario Above 58.20 look for further upside with 58.90 & 59.25 as targets.
Comment The RSI is bearish and calls for further downside.
![](https://www.actionforex.com/wp-content/uploads/2019/07/23-21-600x392.jpg)