Downside Prevails
Our Pivot: 1.1718
Our Preference: Short sell below 1.1695 with strict stop loss of 1.1718 and target at 1.1655 and 1.1635.
Alternate Scenario: Upward penetration of 1.1718 will call for 1.1758.
NOTE: Capped by a negative trend line.
Chart with Supports and Resistances:
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