Downside Prevails
Our Pivot: 107.20
Our Preference: Short sell below 106.70 with strict stop loss of 107.20 and target at 106.00 and 105.60.
Alternate Scenario: Upward penetration of 107.20 will call for 107.90.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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