Downside Prevails
Our Pivot: 1.0992
Our Preference: Short sell below 1.0968 with strict stop loss of 1.0992 and target at 1.0924 and 1.0898.
Alternate Scenario: Upward penetration of 1.0992 will call for 1.1027.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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