Downside Prevails
Our Pivot: 110.74
Our Preference: Short sell below 110.55 with strict stop loss of 110.74 and target at 110.14 and 109.98.
Alternate Scenario: Upward penetration of 110.74 will call for 111.04.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:

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