Downside Prevails
Our Pivot: 106.40
Our Preference: Short sell below 106.10 with strict stop loss of 106.40 and target at 105.60 and 105.30.
Alternate Scenario: Upward penetration of 106.40 will call for 106.80.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:

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