Pivot (invalidation): 5.8740
Our preference Long positions above 5.8740 with targets at 5.8930 & 5.9010 in extension.
Alternative scenario Below 5.8740 look for further downside with 5.8600 & 5.8450 as targets.
Comment Technically the RSI is above its neutrality area at 50.
![](https://www.actionforex.com/wp-content/uploads/2020/01/7-20-600x392.jpg)