Pivot (invalidation): 1416.00
Our preference Long positions above 1416.00 with targets at 1429.00 & 1433.50 in extension.
Alternative scenario Below 1416.00 look for further downside with 1411.00 & 1406.00 as targets.
Comment The RSI calls for a rebound.
![](https://www.actionforex.com/wp-content/uploads/2019/07/21-51-600x392.jpg)