Pivot (invalidation): 1.0040
Our preference
Short positions below 1.0040 with targets at 1.0000 & 0.9980 in extension.
Alternative scenario
Above 1.0040 look for further upside with 1.0060 & 1.0080 as targets.
Comment
As Long as 1.0040 is resistance, expect a return to 1.0000.
(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")