Pivot (invalidation): 1557.50
Our preference Short positions below 1557.50 with targets at 1546.00 & 1542.00 in extension.
Alternative scenario Above 1557.50 look for further upside with 1561.00 & 1564.50 as targets.
Comment The RSI advocates for further downside.
![](https://www.actionforex.com/wp-content/uploads/2020/01/21-42-600x392.jpg)