Downside Prevails
Our Pivot: 1.1819
Our Preference: Short sell below 1.1787 with strict stop loss of 1.1819 and target at 1.1714 and 1.1674.
Alternate Scenario: Upward penetration of 1.1819 will call for 1.1877.
NOTE: Capped by a negative trend line.
Chart with Supports and Resistances:
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