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 | 1.14373 | 1.1438 | 1.14956 | 1.14045 |
USDJPY | 143.654 | 143.661 | 143.977 | 142.529 |
GBPUSD | 1.35753 | 1.35764 | 1.36173 | 1.35397 |
USDCHF | 0.8203 | 0.82046 | 0.82161 | 0.8171 |
EURCHF | 0.93826 | 0.93851 | 0.94009 | 0.93317 |
EURJPY | 164.3 | 164.32 | 164.685 | 162.879 |
GBPJPY | 195.011 | 195.041 | 195.51 | 193.242 |