Downside Prevails
Our Pivot: 1.1588
Our Preference: Short sell below 1.1571 with strict stop loss of 1.1588 and target at 1.1533 and 1.1514.
Alternate Scenario: Upward penetration of 1.1588 will call for 1.1617.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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