Downside Prevails
Our Pivot: 110.08
Our Preference: Short sell below 109.70 with strict stop loss of 110.08 and target at 109.00 and 108.70.
Alternate Scenario: Upward penetration of 110.08 will call for 110.54.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:

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