
Pivot (invalidation): 1.1240
Our preference
Long positions above 1.1240 with targets at 1.1300 & 1.1325 in extension.
Alternative scenario
Below 1.1240 look for further downside with 1.1220 & 1.1200 as targets.
Comment
The RSI is bullish and calls for further advance.
(By Swissquote TRADING CENTRAL)

![[iVISTscalp5]: A Laboratory for Market Behavior Research Through Time [iVISTscalp5]: A Laboratory for Market Behavior Research Through Time](https://c.mql5.com/6/1005/splash-preview-770124.jpg)
![[TLV Language]: Time Language VISTmany [TLV Language]: Time Language VISTmany](https://c.mql5.com/6/1005/splash-preview-770150-1779152523.jpg)