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 | 1.15391 | 1.15399 | 1.15483 | 1.15329 |
| USDJPY | 160.365 | 160.374 | 160.425 | 160.299 |
| GBPUSD | 1.33748 | 1.3376 | 1.33904 | 1.33619 |
| USDCHF | 0.79886 | 0.79904 | 0.79969 | 0.79725 |
| EURCHF | 0.92182 | 0.92207 | 0.92226 | 0.92055 |
| EURJPY | 185.051 | 185.076 | 185.189 | 184.965 |
| GBPJPY | 214.484 | 214.518 | 214.71 | 214.303 |