Pivot (invalidation): 1578.00
Our preference Short positions below 1578.00 with targets at 1567.00 & 1563.50 in extension.
Alternative scenario Above 1578.00 look for further upside with 1582.00 & 1585.50 as targets.
Comment The RSI is bearish and calls for further decline.
![](https://www.actionforex.com/wp-content/uploads/2020/01/21-61-600x392.jpg)