Downside Prevails
Our Pivot: 1.3840
Our Preference: Short sell below 1.3810 with strict stop loss of 1.3840 and target at 1.3753 and 1.3722.
Alternate Scenario: Upward penetration of 1.3840 will call for 1.3885.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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