
Pivot
(invalidation): 0.7235
Our preference
Short positions below 0.7235 with targets at 0.7195 & 0.7170 in extension.
Alternative scenario
Above 0.7235 look for further upside with 0.7255 & 0.7280 as targets.
Comment
The upward potential is likely to be limited by the resistance at 0.7235.
(By Swissquote TRADING CENTRAL)

![[iVISTscalp5]: TSI — Timing Strength Index [iVISTscalp5]: TSI — Timing Strength Index](https://c.mql5.com/6/1015/splash-preview-772243.png)
![[XAUUSD]: Weekly Liquidity Activation Points (LAP), July 6 - July 10, 2026 [XAUUSD]: Weekly Liquidity Activation Points (LAP), July 6 - July 10, 2026](https://c.mql5.com/6/1015/splash-preview-772241.png)