Downside Prevails
Our Pivot: 110.45
Our Preference: Short sell below 110.25 with strict stop loss of 110.45 and target at 109.78 and 109.61.
Alternate Scenario: Upward penetration of 110.45 will call for 110.75.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:

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