Downside Prevails
Our Pivot: 1.2780
Our Preference: Short sell below 1.2739 with strict stop loss of 1.2780 and target at 1.2658 and 1.2621.
Alternate Scenario: Upward penetration of 1.2780 will call for 1.2840.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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