Downside Prevails
Our Pivot: 1.2996
Our Preference: Short sell below 1.2957 with strict stop loss of 1.2996 and target at 1.2891 and 1.2859.
Alternate Scenario: Upward penetration of 1.2996 will call for 1.3052.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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