Downside Prevails
Our Pivot: 112.70
Our Preference: Short sell below 112.40 with strict stop loss of 112.70 and target at 112.00 and 111.60.
Alternate Scenario: Upward penetration of 112.70 will call for 113.00.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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