Pivot (invalidation): 110.70
Our preference
Long positions above 110.70 with targets at 111.20 & 111.40 in extension.
Alternative scenario
Below 110.70 look for further downside with 110.50 & 110.35 as targets.
Comment
Technically the RSI is above its neutrality area at 50.
(By Swissquote TRADING CENTRAL)
![[TLV Language]: Time Language VISTmany](https://c.mql5.com/6/1005/splash-preview-770150-1779152523.jpg "[TLV Language]: Time Language VISTmany")
![[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")