Turning Down
Our Pivot: 1.2320
Our Preference: Short sell below 1.2300 with strict stop loss of 1.2320 and profit target at 1.2270 with extension towards 1.2255.
Alternate Scenario: Upward penetration of 1.2320 will call 1.2340.
NOTE: Euro is being capped by resistant trend line of its bullish 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 | 1.15395 | 1.15404 | 1.15483 | 1.15329 |
| USDJPY | 160.362 | 160.373 | 160.425 | 160.299 |
| GBPUSD | 1.33755 | 1.33767 | 1.33904 | 1.33619 |
| USDCHF | 0.7988 | 0.79897 | 0.79969 | 0.79725 |
| EURCHF | 0.92178 | 0.92203 | 0.92226 | 0.92055 |
| EURJPY | 185.052 | 185.078 | 185.189 | 184.965 |
| GBPJPY | 214.492 | 214.524 | 214.71 | 214.303 |