Downside Prevails
Our Pivot: 111.00
Our Preference: Short sell below 110.80 with strict stop loss of 111.00 and target at 110.35 and 110.15.
Alternate Scenario: Upward penetration of 111.00 will call for 111.38.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:

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