Turning Down
Our Pivot: 1.2200
Our Preference: Short sell below 1.2177 with strict stop loss of 1.2200 and profit target at 1.2145 with extension towards 1.2129.
Alternate Scenario: Upward penetration of 1.2200 will call 1.2240.
NOTE: Euro is facing rejection from resistant trend line of its bullish price channel which may push it towards a 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 | 1.16071 | 1.16079 | 1.16251 | 1.16024 |
| USDJPY | 159.921 | 159.928 | 159.936 | 159.635 |
| GBPUSD | 1.3544 | 1.35449 | 1.35601 | 1.35376 |
| USDCHF | 0.80929 | 0.80948 | 0.81009 | 0.80656 |
| EURCHF | 0.93937 | 0.93961 | 0.94006 | 0.93795 |
| EURJPY | 185.618 | 185.638 | 185.709 | 185.42 |
| GBPJPY | 216.597 | 216.623 | 216.639 | 216.299 |