Pivot (invalidation): 105.20
Our preference Short positions below 105.20 with targets at 104.75 & 104.45 in extension.
Alternative scenario Above 105.20 look for further upside with 105.45 & 105.70 as targets.
Comment The upward potential is likely to be limited by the resistance at 105.20.
![](https://www.actionforex.com/wp-content/uploads/2020/07/3-55-600x392.jpg)