Pivot (invalidation): 14.7700
Our preference Short positions below 14.7700 with targets at 14.6200 & 14.5600 in extension.
Alternative scenario Above 14.7700 look for further upside with 14.8000 & 14.8500 as targets.
Comment The RSI advocates for further downside.
![](https://www.actionforex.com/wp-content/uploads/2018/12/22-13-600x392.jpg)