Downside Prevails
Our Pivot: 104.87
Our Preference: Short sell below 104.57 with strict stop loss of 104.87 and target at 104.00 and 103.66.
Alternate Scenario: Upward penetration of 104.87 will call for 105.38.
NOTE: Capped by a negative trend line.
Chart with Supports and Resistances:
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