Pivot (invalidation): 1269.50
Our preference Short positions below 1269.50 with targets at 1261.00 & 1255.50 in extension.
Alternative scenario Above 1269.50 look for further upside with 1276.50 & 1280.50 as targets.
Comment The RSI advocates for further downside.
![](https://www.actionforex.com/wp-content/uploads/2018/06/acm2018062123-600x392.jpg)