Downside Prevails
Our Pivot: 1.2775
Our Preference: Short sell below 1.2739 with strict stop loss of 1.2775 and target at 1.2653 and 1.2623.
Alternate Scenario: Upward penetration of 1.2775 will call for 1.2826.
NOTE: Capped by a negative trend line.
Chart with Supports and Resistances:
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