Under Pressure
Our Pivot: 1.2050
Our Preference: Short sell below 1.2020 with strict stop loss of 1.2050 and profit target at 1.1984 with extension towards 1.1955.
Alternate Scenario: Upward penetration of 1.2050 will call 1.2080.
NOTE: Euro is moving downward for correction of its last bullish rally.
Chart with supports & resistances:

| Level | 1st | 2nd | 3rd | Supports | 0.00 | 0.00 | 0.00 | Resistances | 0.00 | 0.00 | 0.00 |
|---|