Downside Prevails
Our Pivot: 1.1275
Our Preference: Short sell below 1.1246 with strict stop loss of 1.1275 and target at 1.1182 and 1.1146.
Alternate Scenario: Upward penetration of 1.1275 will call for 1.1317.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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