Pivot (invalidation): 1616.00
Our preference Long positions above 1616.00 with targets at 1628.00 & 1635.00 in extension.
Alternative scenario Below 1616.00 look for further downside with 1610.50 & 1603.50 as targets.
Comment The RSI is bullish and calls for further advance.
![](https://www.actionforex.com/wp-content/uploads/2020/02/21-40-600x392.jpg)