Downside Prevails
Our Pivot: 106.62
Our Preference: Short sell below 106.40 with strict stop loss of 106.62 and target at 105.90 and 105.50.
Alternate Scenario: Upward penetration of 106.62 will call for 106.90.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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