Pivot (invalidation): 1205.50
Our preference Short positions below 1205.50 with targets at 1196.00 & 1192.50 in extension.
Alternative scenario Above 1205.50 look for further upside with 1208.00 & 1212.50 as targets.
Comment The RSI is mixed with a bearish bias.
![](https://www.actionforex.com/wp-content/uploads/2018/08/acm2018083123-600x392.jpg)