Turning Down
Our Pivot: 1.2200
Our Preference: Short sell below 1.2177 with strict stop loss of 1.2200 and profit target at 1.2145 with extension towards 1.2129.
Alternate Scenario: Upward penetration of 1.2200 will call 1.2240.
NOTE: Euro is facing rejection from resistant trend line of its bullish price channel which may push it towards a correction.
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 | 1.14158 | 1.14227 | 1.1432 | 1.13908 |
| USDJPY | 162.499 | 162.604 | 162.713 | 162.017 |
| GBPUSD | 1.33893 | 1.33944 | 1.33864 | 1.33218 |
| USDCHF | 0.80752 | 0.80866 | 0.81089 | 0.8063 |
| EURCHF | 0.92248 | 0.92441 | 0.92389 | 0.92093 |
| EURJPY | 185.531 | 185.673 | 185.724 | 184.845 |
| GBPJPY | 217.606 | 217.75 | 217.742 | 216.325 |