Under Pressure
Our Pivot: 1.2086
Our Preference: Short sell below 1.2050 with strict stop loss of 1.2086 and profit target at 1.2010 with extension towards 1.1980.
Alternate Scenario: Upward penetration of 1.2086 will call 1.2115.
NOTE: Euro is moving downward after retesting its major resistant regions and bearish breakout of its ascending wedge.
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 | 1.16945 | 1.16953 | 1.17092 | 1.16504 |
USDJPY | 147.019 | 147.028 | 147.411 | 146.756 |
GBPUSD | 1.35065 | 1.35078 | 1.35215 | 1.3446 |
USDCHF | 0.80018 | 0.80035 | 0.80375 | 0.7985 |
EURCHF | 0.93577 | 0.93603 | 0.93809 | 0.93398 |
EURJPY | 171.929 | 171.955 | 172.024 | 171.231 |
GBPJPY | 198.572 | 198.595 | 198.684 | 197.934 |