Pivot (invalidation): 1559.50
Our preference Short positions below 1559.50 with targets at 1550.00 & 1547.00 in extension.
Alternative scenario Above 1559.50 look for further upside with 1562.00 & 1565.00 as targets.
Comment The RSI advocates for further decline.
![](https://www.actionforex.com/wp-content/uploads/2020/02/21-8-600x392.jpg)