Downside Prevails
Our Pivot: 1.2050
Our Preference: Short sell below 1.2007 with strict stop loss of 1.2050 and target at 1.1957 and 1.1936.
Alternate Scenario: Upward penetration of 1.2050 will call for 1.2090.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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