Pivot (invalidation): 1700.00
Our preference Long positions above 1700.00 with targets at 1716.00 & 1723.00 in extension.
Alternative scenario Below 1700.00 look for further downside with 1690.00 & 1681.00 as targets.
Comment The RSI calls for a rebound.
![](https://www.actionforex.com/wp-content/uploads/2020/05/21-13-600x392.jpg)