Downside Prevails
Our Pivot: 1.1260
Our Preference: Short sell below 1.1229 with strict stop loss of 1.1260 and target at 1.1158 and 1.1121.
Alternate Scenario: Upward penetration of 1.1260 will call for 1.1303.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:

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