Pivot (invalidation): 1208.00
Our preference Short positions below 1208.00 with targets at 1196.50 & 1192.50 in extension.
Alternative scenario Above 1208.00 look for further upside with 1214.00 & 1217.00 as targets.
Comment The RSI advocates for further decline.
![](https://www.actionforex.com/wp-content/uploads/2018/08/acm2018082923-600x392.jpg)