Downside Prevails
Our Pivot: 111.49
Our Preference: Short sell below 111.10 with strict stop loss of 111.49 and target at 110.31 and 110.00.
Alternate Scenario: Upward penetration of 111.49 will call for 111.90.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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