Downside Prevails
Our Pivot: 1.1761
Our Preference: Short sell below 1.1739 with strict stop loss of 1.1761 and target at 1.1702 and 1.1683.
Alternate Scenario: Upward penetration of 1.1761 will call for 1.1788.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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