The consolidation from 1.2357 is still in progress and intraday bias remains neutral. As long as 1.2613 resistance holds, further decline is still expected. Below 1.2357 will target 61.8% projection of 1.3700 to 1.2500 from 1.2886 at 1.2144. However, break of 1.2613 will indicate short term reversal with bullish convergence
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