Downside Prevails
Our Pivot: 112.40
Our Preference: Short sell below 111.95 with strict stop loss of 112.40 and target at 111.40 and 111.00.
Alternate Scenario: Upward penetration of 112.40 will call for 112.96.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:
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