Pivot (invalidation): 5.8050
Our preference Long positions above 5.8050 with targets at 5.8650 & 5.9000 in extension.
Alternative scenario Below 5.8050 look for further downside with 5.7800 & 5.7400 as targets.
Comment The RSI lacks downward momentum.
![](https://www.actionforex.com/wp-content/uploads/2019/08/7-36-600x392.jpg)