Key Resistance @ 1.1424
Our Pivot: 1.1424
Our Preference: Short sell below 1.1381 with strict stop loss of 1.1424 and target at 1.1341 and 1.1300.
Alternate Scenario: Upward penetration of 1.1424 will call for 1.1452.
NOTE: Capped by a negative trend line.
Chart with Supports and Resistances:

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