Pivot
(invalidation):
1.2400
Our preference
Long positions above 1.2400 with targets at 1.2465 & 1.2500 in extension.
Alternative scenario
Below
1.2400 look for further downside with 1.2370 & 1.2330 as targets.
Comment
The RSI lacks downward momentum.
![[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")