Downside Prevails
Our Pivot: 107.55
Our Preference: Short sell below 107.20 with strict stop loss of 107.55 and target at 106.70 and 106.45.
Alternate Scenario: Upward penetration of 107.55 will call for 108.00.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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