Downside Prevails
Our Pivot: 1.1438
Our Preference: Short sell below 1.1382 with strict stop loss of 1.1438 and target at 1.1289 and 1.1246.
Alternate Scenario: Upward penetration of 1.1438 will call for 1.1507.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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