Downside Prevails
Our Pivot: 112.26
Our Preference: Short sell below 111.73 with strict stop loss of 112.26 and target at 110.85 and 110.40.
Alternate Scenario: Upward penetration of 112.26 will call for 112.96.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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