Downside Prevails
Our Pivot: 1.1976
Our Preference: Short sell below 1.1946 with strict stop loss of 1.1976 and target at 1.1900 and 1.1881.
Alternate Scenario: Upward penetration of 1.1976 will call for 1.2008.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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