Pivot (invalidation): 110.90
Our preference
Long positions above 110.90 with targets at 111.20 & 111.40 in extension.
Alternative scenario
Below 110.90 look for further downside with 110.70 & 110.50 as targets.
Comment
Technically the RSI is above its neutrality area at 50
![[iVISTscalp5]: A Laboratory for Market Behavior Research Through Time](https://c.mql5.com/6/1005/splash-preview-770124.jpg "[iVISTscalp5]: A Laboratory for Market Behavior Research Through Time")
