Downside Prevails
Our Pivot: 107.00
Our Preference: Short sell below 106.60 with strict stop loss of 107.00 and target at 105.90 and 105.50.
Alternate Scenario: Upward penetration of 107.00 will call for 107.40.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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