Pivot (invalidation): 0.7285
Our preference Short positions below 0.7285 with targets at 0.7245 & 0.7225 in extension.
Alternative scenario Above 0.7285 look for further upside with 0.7310 & 0.7335 as targets.
Comment The index currently faces a challenging resistance area at 0.7285.
![](https://www.actionforex.com/wp-content/uploads/2018/08/acm2018081716-600x392.jpg)