Downside Prevails
Our Pivot: 1.0040
Our Preference: Short sell below 1.0012 with strict stop loss of 1.0040 and target at 0.9960 and 0.9940.
Alternate Scenario: Upward penetration of 1.0040 will call for 1.0074.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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