Downside Prevails
Our Pivot: 1.0007
Our Preference: Short sell below 0.9979 with strict stop loss of 1.0007 and target at 0.9921 and 0.9898.
Alternate Scenario: Upward penetration of 1.0007 will call for 1.0045.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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