Pivot (invalidation): 5.4640
Our preference Long positions above 5.4640 with targets at 5.4880 & 5.5150 in extension.
Alternative scenario Below 5.4640 look for further downside with 5.4420 & 5.4250 as targets.
Comment The RSI lacks downward momentum.
![](https://www.actionforex.com/wp-content/uploads/2019/08/7-10-600x392.jpg)