Pivot (invalidation): 1299.50
Our preference Short positions below 1299.50 with targets at 1293.25 & 1289.25 in extension.
Alternative scenario Above 1299.50 look for further upside with 1303.00 & 1306.00 as targets.
Comment The RSI calls for a new downleg.
![](https://www.actionforex.com/wp-content/uploads/2019/05/21-23-600x392.jpg)