Pivot (invalidation): 1247.00
Our preference Short positions below 1247.00 with targets at 1241.50 & 1239.00 in extension.
Alternative scenario Above 1247.00 look for further upside with 1251.00 & 1254.00 as targets.
Comment The RSI is bearish and calls for further decline.
![](https://www.actionforex.com/wp-content/uploads/2018/12/21-24-600x392.jpg)