Pivot (invalidation): 1228.50
Our preference Short positions below 1228.50 with targets at 1221.00 & 1218.00 in extension.
Alternative scenario Above 1228.50 look for further upside with 1230.50 & 1235.00 as targets.
Comment The RSI is mixed to bearish.
![](https://www.actionforex.com/wp-content/uploads/2018/07/acm2018072723-600x392.jpg)