Under Pressure
Our Pivot: 1.2255
Our Preference: Short sell below 1.2225 with strict stop loss of 1.2255 and profit target at 1.2200 with extension towards 1.2176.
Alternate Scenario: Upward penetration of 1.2255 will call 1.2285.
NOTE: Euro is being capped by a strong horizontal resistant region along with a descending trend line.
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 | 1.16939 | 1.16947 | 1.17092 | 1.16504 |
USDJPY | 147.033 | 147.041 | 147.411 | 146.756 |
GBPUSD | 1.35062 | 1.35074 | 1.35215 | 1.3446 |
USDCHF | 0.80024 | 0.80039 | 0.80375 | 0.7985 |
EURCHF | 0.93579 | 0.93603 | 0.93809 | 0.93398 |
EURJPY | 171.936 | 171.961 | 172.024 | 171.231 |
GBPJPY | 198.589 | 198.611 | 198.684 | 197.934 |