Downside Prevails
Our Pivot: 1.1486
Our Preference: Short sell below 1.1471 with strict stop loss of 1.1486 and target at 1.1432 and 1.1414.
Alternate Scenario: Upward penetration of 1.1486 will call for 1.1517.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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