Downside Prevails
Our Pivot: 106.47
Our Preference: Short sell below 105.99 with strict stop loss of 106.47 and target at 105.20 and 104.79.
Alternate Scenario: Upward penetration of 106.47 will call for 107.04.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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