Pivot (invalidation): 1246.00
Our preference Long positions above 1246.00 with targets at 1256.00 & 1258.50 in extension.
Alternative scenario Below 1246.00 look for further downside with 1242.50 & 1240.00 as targets.
Comment The RSI is bullish and calls for further upside.
![](https://www.actionforex.com/wp-content/uploads/2018/12/21-22-600x392.jpg)