Downside Prevails
Our Pivot: 112.77
Our Preference: Short sell below 112.50 with strict stop loss of 112.77 and target at 112.03 and 111.80.
Alternate Scenario: Upward penetration of 113.00 will call for 113.35.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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