Downside Prevails
Our Pivot: 1.2770
Our Preference: Short sell below 1.2730 with strict stop loss of 1.2770 and target at 1.2654 and 1.2626.
Alternate Scenario: Upward penetration of 1.2770 will call for 1.2824.
NOTE: Capped by a negative trend line.
Chart with Supports and Resistances:
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