Pivot (invalidation): 1286.50
Our preference Short positions below 1286.50 with targets at 1280.50 & 1277.00 in extension.
Alternative scenario Above 1286.50 look for further upside with 1289.00 & 1291.50 as targets.
Comment The RSI is bearish and calls for further decline.
![](https://www.actionforex.com/wp-content/uploads/2019/05/21-44-600x392.jpg)