Under Pressure
Our Pivot: 1.2990
Our Preference: Short sell below 1.2940 with strict stop loss of 1.2990 and target at 1.2843 and 1.2888.
Alternate Scenario: Upward penetration of 1.2990 will call for 1.3052.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:

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