$FIL is facing a clear rejection near the intraday resistance zone after a weak recovery attempt....................

Price failed to hold above the key level and is now showing hesitation with lower momentum, which increases the probability of a downside continuation...............

As long as FIL remains below the rejection area, the short bias stays valid...............

Trade Setup

Entry: 1.31 – 1.33

Target 1: 1.29

Target 2: 1.27

Target 3: 1.26

Stop Loss: 1.35

FIL

1.348

+2.82%