Under Pressure
Our Pivot: 1.2130
Our Preference: Short sell below 1.2100 with strict stop loss of 1.2130 and profit target at 1.2050 with extension towards 1.2035.
Alternate Scenario: Upward penetration of 1.2150 will call for 1.2165.
NOTE: Euro is moving in a bearish price channel on hourly chart.
Chart with supports & resistances:

| Level | 1st | 2nd | 3rd | Supports | 0.00 | 0.00 | 0.00 | Resistances | 0.00 | 0.00 | 0.00 |
|---|
| Ticker | Bid | Ask | High | Low |
|---|---|---|---|---|
| EURUSD | 1.13884 | 1.13893 | 1.13951 | 1.13819 |
| USDJPY | 163.8 | 163.811 | 163.887 | 163.729 |
| GBPUSD | 1.32905 | 1.32915 | 1.33018 | 1.32764 |
| USDCHF | 0.81932 | 0.81948 | 0.82011 | 0.81747 |
| EURCHF | 0.93308 | 0.93332 | 0.93343 | 0.93179 |
| EURJPY | 186.545 | 186.571 | 186.709 | 186.451 |
| GBPJPY | 217.698 | 217.723 | 217.886 | 217.481 |