Downside Prevails
Our Pivot: 1.1801
Our Preference: Short sell below 1.1780 with strict stop loss of 1.1801 and target at 1.1734 and 1.1710.
Alternate Scenario: Upward penetration of 1.1801 will call for 1.1831.
NOTE: Capped by a negative trend line.
Chart with Supports and Resistances:
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