Pivot (invalidation): 113.05
Our preference
Short positions below 113.05 with targets at 112.60 & 112.30 in extension.
Alternative scenario
Above 113.05 look for further upside with 113.25 & 113.50 as targets.
Comment
The RSI is bearish and calls for further decline.
(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")