Downside Prevails
Our Pivot: 1.3960
Our Preference: Short sell below 1.3925 with strict stop loss of 1.3960 and target at 1.3875 and 1.3833.
Alternate Scenario: Upward penetration of 1.3960 will call for 1.4000.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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