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 | 1.11695 | 1.11704 | 1.12663 | 1.11758 |
USDJPY | 146.785 | 146.797 | 147.673 | 145.612 |
GBPUSD | 1.32608 | 1.32625 | 1.33608 | 1.32698 |
USDCHF | 0.84225 | 0.84239 | 0.84258 | 0.83232 |
EURCHF | 0.94076 | 0.94099 | 0.94229 | 0.93733 |
EURJPY | 163.955 | 163.975 | 165.177 | 163.725 |
GBPJPY | 194.65 | 194.688 | 196.436 | 194.227 |