Under Pressure
Our Pivot: 1.2435
Our Preference: Short sell below 1.2370 with strict stop loss of 1.2435 and target at 12300 and 1.2235.
Alternate Scenario: Upward penetration of 1.2435 will call for 1.2505.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:

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