Pivot (invalidation): 1231.00
Our preference Short positions below 1231.00 with targets at 1223.00 & 1220.00 in extension.
Alternative scenario Above 1231.00 look for further upside with 1233.00 & 1236.50 as targets.
Comment The RSI advocates for further decline.
![](https://www.actionforex.com/wp-content/uploads/2018/11/21-7-600x392.jpg)