Downside Prevails
Our Pivot: 111.70
Our Preference: Short sell below 111.46 with strict stop loss of 111.70 and target at 110.83 and 110.58.
Alternate Scenario: Upward penetration of 111.70 will call for 112.03.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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