Downside Prevails
Our Pivot: 1.2325
Our Preference: Short sell below 1.2302 with strict stop loss of 1.2325 and target at 1.2260 and 1.2241.
Alternate Scenario: Upward penetration of 1.2325 will call for 1.2355.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:.
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