Pivot (invalidation): 1.1780
Our preference Long positions above 1.1780 with targets at 1.1820 & 1.1860 in extension.
Alternative scenario Below 1.1780 look for further downside with 1.1750 & 1.1720 as targets.
Comment The RSI lacks downward momentum.
![](https://www.actionforex.com/wp-content/uploads/2020/08/1-7-600x392.jpg)