Downside Prevails
Our Pivot: 111.29
Our Preference: Short sell below 110.42 with strict stop loss of 111.29 and target at 109.20 and 108.55.
Alternate Scenario: Upward penetration of 111.29 will call for 112.47.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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