Downside Prevails
Our Pivot: 106.95
Our Preference: Short sell below 106.55 with strict stop loss of 106.95 and target at 105.88 and 105.48.
Alternate Scenario: Upward penetration of 106.95 will call for 107.50.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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