Downside Prevails
Our Pivot: 105.50
Our Preference: Short sell below 105.20 with strict stop loss of 105.50 and target at 104.40 and 104.00.
Alternate Scenario: Upward penetration of 105.50 will call for 106.00.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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