Pivot (invalidation): 1227.50
Our preference Long positions above 1227.50 with targets at 1235.00 & 1240.00 in extension.
Alternative scenario Below 1227.50 look for further downside with 1223.00 & 1218.25 as targets.
Comment The RSI is mixed to bullish.
![](https://www.actionforex.com/wp-content/uploads/2018/07/acm2018072623-600x392.jpg)