Pivot (invalidation): 111.05
Our preference
Long positions above 111.05 with targets at 111.65 & 111.85 in extension.
Alternative scenario
Below 111.05 look for further downside with 110.85 & 110.70 as targets.
Comment
Technically the RSI is above its neutrality area at 50.
(By Swissquote TRADING CENTRAL)
![[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")
