Pivot (invalidation): 1229.00
Our preference Short positions below 1229.00 with targets at 1218.50 & 1211.00 in extension.
Alternative scenario Above 1229.00 look for further upside with 1235.00 & 1238.00 as targets.
Comment The RSI is mixed to bearish.
![](https://www.actionforex.com/wp-content/uploads/2018/07/acm2018072423-600x392.jpg)