Pivot (invalidation): 16.9500
Our preference Long positions above 16.9500 with targets at 17.1100 & 17.1800 in extension.
Alternative scenario Below 16.9500 look for further downside with 16.8600 & 16.7500 as targets.
Comment The RSI calls for a rebound.
![](https://www.actionforex.com/wp-content/uploads/2019/12/22-23-600x392.jpg)