Downside Prevails
Our Pivot: 1.1620
Our Preference: Short sell below 1.1585 with strict stop loss of 1.1620 and target at 1.1531 and 1.1511.
Alternate Scenario: Upward penetration of 1.1620 will call for 1.1657.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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