Downside Prevails
Our Pivot: 111.52
Our Preference: Short sell below 111.14 with strict stop loss of 111.52 and target at 110.33 and 110.05.
Alternate Scenario: Upward penetration of 111.52 will call for 112.04.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:

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