Downside Prevails
Our Pivot: 1.4010
Our Preference: Short sell below 1.3980 with strict stop loss of 1.4010 and target at 1.3920 and 1.3890.
Alternate Scenario: Upward penetration of 1.4010 will call for 1.4050.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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