Pivot (invalidation): 0.7400
Our preference Short positions below 0.7400 with targets at 0.7375 & 0.7360 in extension.
Alternative scenario Above 0.7400 look for further upside with 0.7410 & 0.7425 as targets.
Comment The upward potential is likely to be limited by the resistance at 0.7400.
![](https://www.actionforex.com/wp-content/uploads/2018/08/acm2018080716-600x392.jpg)