Downside Prevails
Our Pivot: 110.40
Our Preference: Short sell below 110.06 with strict stop loss of 110.40 and target at 109.60 and 109.40.
Alternate Scenario: Upward penetration of 110.40 will call for 110.78.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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