Downside Prevails
Our Pivot: 107.70
Our Preference: Short sell below 107.40 with strict stop loss of 107.70 and target at 106.80, 106.60 and 106.00.
Alternate Scenario: Upward penetration of 107.70 will call for 108.10.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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