Under Pressure
Our Pivot: 1.2110
Our Preference: Short sell below 1.2085 with strict stop loss of 1.2110 and profit target at 1.2050 with extension towards 1.2300.
Alternate Scenario: Upward penetration of 1.2110 will call 1.2160.
NOTE: Euro is moving in a descending price channel.
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 | 1.1417 | 1.14232 | 1.1432 | 1.13908 |
| USDJPY | 162.495 | 162.585 | 162.713 | 162.017 |
| GBPUSD | 1.33899 | 1.3395 | 1.33864 | 1.33218 |
| USDCHF | 0.80752 | 0.80866 | 0.81089 | 0.8063 |
| EURCHF | 0.92248 | 0.92441 | 0.92389 | 0.92093 |
| EURJPY | 185.525 | 185.672 | 185.724 | 184.845 |
| GBPJPY | 217.605 | 217.733 | 217.742 | 216.325 |