Pivot (invalidation): 1603.00
Our preference Long positions above 1603.00 with targets at 1616.00 & 1620.00 in extension.
Alternative scenario Below 1603.00 look for further downside with 1597.00 & 1593.00 as targets.
Comment The RSI has just landed on its neutrality area at 50% and is turning up.
![](https://www.actionforex.com/wp-content/uploads/2020/02/21-36-600x392.jpg)