Pivot (invalidation): 1.2990
Our preference
Long positions above 1.2990 with targets at 1.3035 & 1.3055 in extension.
Alternative scenario
Below 1.2990 look for further downside with 1.2970 & 1.2945 as targets.
Comment
The RSI calls for a rebound.
(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")