Key Resistance @ 110.60
Our Pivot: 110.60
Our Preference: Short sell below 110.23 with strict stop loss of 110.60 and target at 109.65 and 109.37.
Alternate Scenario: Upward penetration of 110.60 will call for 110.98 and 111.31.
NOTE: Capped by resistant trend line of bearish trend channel.
Chart with Supports and Resistances:
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