Pivot (invalidation): 1.1615
Our preference Long positions above 1.1615 with targets at 1.1665 & 1.1700 in extension.
Alternative scenario Below 1.1615 look for further downside with 1.1595 & 1.1575 as targets.
Comment The RSI lacks downward momentum.
![](https://www.actionforex.com/wp-content/uploads/2018/07/acm2018072011-600x392.jpg)