Downside Prevails
Our Pivot: 1.0004
Our Preference: Short sell below 0.9980 with strict stop loss of 1.0004 and target at 0.9927 and 0.9904.
Alternate Scenario: Upward penetration of 1.0004 will call for 1.0042.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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