Under Pressure
Our Pivot: 1.2050
Our Preference: Short sell below 1.2020 with strict stop loss of 1.2050 and profit target at 1.1984 with extension towards 1.1955.
Alternate Scenario: Upward penetration of 1.2050 will call 1.2080.
NOTE: Euro is moving downward for correction of its last bullish rally.
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 | 1.1388 | 1.13889 | 1.13951 | 1.13819 |
| USDJPY | 163.809 | 163.818 | 163.887 | 163.729 |
| GBPUSD | 1.32897 | 1.32908 | 1.33018 | 1.32764 |
| USDCHF | 0.81937 | 0.81953 | 0.82011 | 0.81747 |
| EURCHF | 0.93308 | 0.93335 | 0.93343 | 0.93179 |
| EURJPY | 186.547 | 186.57 | 186.709 | 186.451 |
| GBPJPY | 217.697 | 217.723 | 217.886 | 217.481 |