Downside Prevails
Our Pivot: 106.78
Our Preference: Short sell below 106.49 with strict stop loss of 106.78 and target at 105.80 and 105.48.
Alternate Scenario: Upward penetration of 106.78 will call for 107.21.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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