Limited Downside
Our Pivot: 110.25
Our Preference: Short sell below 109.75 with strict stop loss of 110.25 and target at 109.39 and 109.20.
Alternate Scenario: Upward penetration of 110.25 will call for 110.55.
NOTE: Coming down for an intra-day correction but ultimately trend is bullish above as long as 108.73 is sustained as support.
Chart with Supports and Resistances:
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