Downside Prevails
Our Pivot: 1.0970
Our Preference: Short sell below 1.0949 with strict stop loss of 1.0970 and target at 1.0890 and 1.0861.
Alternate Scenario: Upward penetration of 1.0970 will call for 1.1007.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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