Pivot (invalidation): 16.3100
Our preference Long positions above 16.3100 with targets at 16.5800 & 16.7200 in extension.
Alternative scenario Below 16.3100 look for further downside with 16.1500 & 16.0400 as targets.
Comment The RSI is bullish and calls for further upside.
![](https://www.actionforex.com/wp-content/uploads/2019/07/22-30-600x392.jpg)