Downside Prevails
Our Pivot: 110.78
Our Preference: Short sell below 110.52 with strict stop loss of 110.78 and target at 110.10 and 109.82.
Alternate Scenario: Upward penetration of 110.78 will call for 111.11.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:

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