Downside Prevails
Our Pivot: 1.1278
Our Preference: Short sell below 1.1228 with strict stop loss of 1.1278 and target at 1.1118 and 1.1081.
Alternate Scenario: Upward penetration of 1.1278 will call for 1.1332.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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