Downside Prevails
Our Pivot: 111.72
Our Preference: Short sell below 111.30 with strict stop loss of 111.72 and target at 110.60 and 110.31.
Alternate Scenario: Upward penetration of 111.72 will call for 112.15.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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