Pivot (invalidation): 0.7005
Our preference
Long positions above 0.7005 with targets at 0.7040 & 0.7060 in extension.
Alternative scenario
Below 0.7005 look for further downside with 0.6995 & 0.6980 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")