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 | 1.13763 | 1.1377 | 1.13887 | 1.13731 |
| USDJPY | 157.471 | 157.48 | 157.691 | 157.18 |
| GBPUSD | 1.32254 | 1.32265 | 1.32459 | 1.32179 |
| USDCHF | 0.82974 | 0.82991 | 0.83002 | 0.82739 |
| EURCHF | 0.94393 | 0.94418 | 0.9446 | 0.94194 |
| EURJPY | 179.142 | 179.168 | 179.466 | 178.805 |
| GBPJPY | 208.263 | 208.293 | 208.644 | 207.891 |