Pivot (invalidation): 0.9450
Our preference Short positions below 0.9450 with targets at 0.9420 & 0.9405 in extension.
Alternative scenario Above 0.9450 look for further upside with 0.9470 & 0.9490 as targets.
Comment The RSI calls for a new downleg.
![](https://www.actionforex.com/wp-content/uploads/2020/07/4-8-600x392.jpg)