Downside Prevails
Our Pivot: 1.4050
Our Preference: Short sell below 1.3990 with strict stop loss of 1.4050 and target at 1.3900 and 1.3860.
Alternate Scenario: Upward penetration of 1.4050 will call for 1.4120.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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