Pivot
(invalidation):
108.05
Our preference
Long positions above 108.05 with targets at 108.35 & 108.50 in extension.
Alternative scenario
Below
108.05 look for further downside with 107.90 & 107.75 as targets.
Comment
The RSI calls for a rebound.
![[When Time Meets Price]: The Hidden Structure of Market Movement](https://c.mql5.com/6/1004/splash-preview-769926.jpg "[When Time Meets Price]: The Hidden Structure of Market Movement")