Pivot (invalidation): 0.7120
Our preference
Short positions below 0.7120 with targets at 0.7100 & 0.7080 in extension.
Alternative scenario
Above 0.7120 look for further upside with 0.7130 & 0.7145 as targets.
Comment
A break below 0.7100 would trigger a drop towards 0.7080.
(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")