Downside Prevails
Our Pivot: 110.87
Our Preference: Short sell below 110.53 with strict stop loss of 110.87 and target at 110.06 and 109.82.
Alternate Scenario: Upward penetration of 110.87 will call for 111.26.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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