Pivot (invalidation): 1234.00
Our preference Short positions below 1234.00 with targets at 1226.50 & 1224.00 in extension.
Alternative scenario Above 1234.00 look for further upside with 1236.50 & 1239.00 as targets.
Comment The RSI advocates for further downside.
![](https://www.actionforex.com/wp-content/uploads/2018/11/21-5-600x392.jpg)