Pivot (invalidation): 12.3100
Our preference Long positions above 12.3100 with targets at 12.7800 & 13.0100 in extension.
Alternative scenario Below 12.3100 look for further downside with 12.1500 & 12.0000 as targets.
Comment The RSI calls for a rebound.
![](https://www.actionforex.com/wp-content/uploads/2020/03/22-19-600x392.jpg)