Downside Prevails
Our Pivot: 111.14
Our Preference: Short sell below 110.90 with strict stop loss of 111.14 and target at 110.50 and 110.30.
Alternate Scenario: Upward penetration of 111.14 will call for 111.46.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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