
Pivot (invalidation): 0.7265
Our preference
Short positions below 0.7265 with targets at 0.7220 & 0.7200 in extension.
Alternative scenario
Above 0.7265 look for further upside with 0.7280 & 0.7300 as targets.
Comment
As Long as 0.7265 is resistance, look for choppy price action with a bearish bias.
(By Swissquote TRADING CENTRAL)

![[iVISTscalp5]: TSI — Timing Strength Index [iVISTscalp5]: TSI — Timing Strength Index](https://c.mql5.com/6/1015/splash-preview-772243.png)
![[XAUUSD]: Weekly Liquidity Activation Points (LAP), July 6 - July 10, 2026 [XAUUSD]: Weekly Liquidity Activation Points (LAP), July 6 - July 10, 2026](https://c.mql5.com/6/1015/splash-preview-772241.png)