Downside Prevails
Our Pivot: 109.28
Our Preference: Short sell below 108.88 with strict stop loss of 109.28 and target at 108.27 and 108.00.
Alternate Scenario: Upward penetration of 109.28 will call for 109.79.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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