Downside Prevails
Our Pivot: 109.58
Our Preference: Short sell below 109.00 with strict stop loss of 109.58 and target at 108.27 and 107.86.
Alternate Scenario: Upward penetration of 109.58 will call for 110.18.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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