Downside Prevails
Our Pivot: 1.3990
Our Preference: Short sell below 1.3917 with strict stop loss of 1.3990 and target at 1.3830 and 1.3800.
Alternate Scenario: Upward penetration of 1.3990 will call for 1.4070.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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