Downside Prevails
Our Pivot: 111.75
Our Preference: Short sell below 111.58 with strict stop loss of 111.75 and target at 111.16 and 110.95.
Alternate Scenario: Upward penetration of 111.75 will call for 111.94.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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