Pivot (invalidation): 1553.50
Our preference Long positions above 1553.50 with targets at 1561.00 & 1564.50 in extension.
Alternative scenario Below 1553.50 look for further downside with 1549.50 & 1546.50 as targets.
Comment The RSI has just landed on its neutrality area at 50% and is turning up.
![](https://www.actionforex.com/wp-content/uploads/2020/01/21-35-600x392.jpg)