Downside Prevails
Our Pivot: 1.0012
Our Preference: Short sell below 0.9987 with strict stop loss of 1.0012 and target at 0.9940 and 0.9920.
Alternate Scenario: Upward penetration of 1.0012 will call for 1.0040.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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