Downside Prevails
Our Pivot: 1.2549
Our Preference: Short sell below 1.2506 with strict stop loss of 1.2549 and target at 1.2411 and 1.2380.
Alternate Scenario: Upward penetration of 1.2549 will call for 1.598.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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