Downside Prevails
Our Pivot: 1.2632
Our Preference: Short sell below 1.2596 with strict stop loss of 1.2632 and target at 1.2525 and 1.2478.
Alternate Scenario: Upward penetration of 1.2632 will call for 1.2688.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:

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