Downside Prevails
Our Pivot: 1.1730
Our Preference: Short sell below 1.1700 with strict stop loss of 1.1730 and target at 1.646 and 1.1622.
Alternate Scenario: Upward penetration of 1.1730 will call for 1.1778.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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