Turning Down
Our Pivot: 1.2330
Our Preference: Short sell below 1.2310 with strict stop loss of 1.2330 and profit target at 1.2270 with extension towards 1.2250.
Alternate Scenario: Upward penetration of 1.2330 will call 1.2365.
NOTE: Euro is being capped by a strong horizontal resistant region and hourly momentum indicators are loosing strength.
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 | 1.15367 | 1.15376 | 1.15483 | 1.15346 |
| USDJPY | 160.401 | 160.411 | 160.412 | 160.299 |
| GBPUSD | 1.33715 | 1.33729 | 1.33904 | 1.33619 |
| USDCHF | 0.79892 | 0.79909 | 0.79969 | 0.79725 |
| EURCHF | 0.92169 | 0.92193 | 0.92226 | 0.92055 |
| EURJPY | 185.048 | 185.073 | 185.189 | 184.966 |
| GBPJPY | 214.484 | 214.513 | 214.71 | 214.303 |