Downside Prevails
Our Pivot: 110.77
Our Preference: Short sell below 110.46 with strict stop loss of 110.77 and target at 109.90 and 109.61.
Alternate Scenario: Upward penetration of 110.77 will call for 111.19.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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