Pivot (invalidation): 1.1480
Our preference Short positions below 1.1480 with targets at 1.1410 & 1.1385 in extension.
Alternative scenario Above 1.1480 look for further upside with 1.1500 & 1.1520 as targets.
Comment The RSI is bearish and calls for further downside.
![](https://www.actionforex.com/wp-content/uploads/2019/01/1-30-600x392.jpg)