Pivot (invalidation): 16.0200
Our preference Long positions above 16.0200 with targets at 16.1800 & 16.2300 in extension.
Alternative scenario Below 16.0200 look for further downside with 15.9400 & 15.8700 as targets.
Comment The RSI advocates for further advance.
![](https://www.actionforex.com/wp-content/uploads/2018/07/acm2018070424-600x392.jpg)