Downside Prevails
Our Pivot: 108.10
Our Preference: Short sell below 107.45 with stricts stop loss of 108.10 and target at 106.70 and 106.10.
Alternate Scenario: Upward penetration of 108.10 will call for 108.76.
NOTE: Capped by a horizontal resistance.
Chart with Supports and Resistances:
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