Downside Prevails
Our Pivot: 109.24
Our Preference: Short sell below 108.81 with strict stop loss of 109.24 and target at 108.25 and 108.00.
Alternate Scenario: Upward penetration of 109.24 will call for 109.75.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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