Pivot (invalidation): 16.3500
Our preferenceLong positions above 16.3500 with targets at 16.5400 & 16.6500 in extension.
Alternative scenario Below 16.3500 look for further downside with 16.2400 & 16.1000 as targets.
Comment The RSI is mixed to bullish.
![](https://www.actionforex.com/wp-content/uploads/2019/08/22-3-600x392.jpg)