Downside Prevails
Our Pivot: 1.2994
Our Preference: Short sell below 1.2972 with strict stop loss of 1.2994 and target at 1.2920 and 1.2896.
Alternate Scenario: Upward penetration of 1.2994 will call for 1.3027.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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