Under Pressure
Our Pivot: 1.2160
Our Preference: Short sell below 1.2135 with strict stop loss of 1.2160 and profit target at 1.2100 with extension towards 1.2080.
Alternate Scenario: Upward penetration of 1.2160 will call 1.2200.
NOTE: Euro is moving in a bullish price channel but momentum is changed towards bearish side after completion of a bearish 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 | 1.15684 | 1.15692 | 1.16379 | 1.15466 |
| USDJPY | 154.083 | 154.095 | 154.452 | 152.161 |
| GBPUSD | 1.31546 | 1.31558 | 1.32197 | 1.31159 |
| USDCHF | 0.80234 | 0.80249 | 0.8038 | 0.79746 |
| EURCHF | 0.92817 | 0.92842 | 0.9298 | 0.92626 |
| EURJPY | 178.266 | 178.293 | 178.829 | 176.803 |
| GBPJPY | 202.698 | 202.727 | 203.282 | 200.968 |