Pivot (invalidation): 103.90
Our preference Short positions below 103.90 with targets at 103.50 & 103.35 in extension.
Alternative scenario Above 103.90 look for further upside with 104.00 & 104.10 as targets.
Comment The RSI shows downside momentum.
![](https://www.actionforex.com/wp-content/uploads/2020/12/3-14-600x392.jpg)