Downside Prevails
Our Pivot: 110.71
Our Preference: Short sell below 110.58 with strict stop loss of 110.71 and target at 110.29 and 110.12.
Alternate Scenario: Upward penetration of 110.71 will call for 110.90.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:

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