Pivot (invalidation): 1.0005
Our preference
Short positions below 1.0005 with targets at 0.9975 & 0.9960 in extension.
Alternative scenario
Above 1.0005 look for further upside with 1.0025 & 1.0045 as targets.
Comment
The upward potential is likely to be limited by the resistance at 1.0005.
(By Swissquote TRADING CENTRAL)
![[iVISTscalp5]: TSI — Timing Strength Index](https://c.mql5.com/6/1015/splash-preview-772243.png "[iVISTscalp5]: TSI — Timing Strength Index")
![[XAUUSD]: Weekly Liquidity Activation Points (LAP), July 6 - July 10, 2026](https://c.mql5.com/6/1015/splash-preview-772241.png "[XAUUSD]: Weekly Liquidity Activation Points (LAP), July 6 - July 10, 2026")