Under Pressure
Our Pivot: 1.2110
Our Preference: Short sell below 1.2085 with strict stop loss of 1.2110 and profit target at 1.2050 with extension towards 1.2300.
Alternate Scenario: Upward penetration of 1.2110 will call 1.2160.
NOTE: Euro is moving in a descending 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 | 1.16316 | 1.16324 | 1.16558 | 1.16131 |
| USDJPY | 159.917 | 159.925 | 159.951 | 159.566 |
| GBPUSD | 1.34686 | 1.34699 | 1.34823 | 1.34456 |
| USDCHF | 0.78719 | 0.78733 | 0.78851 | 0.78434 |
| EURCHF | 0.91563 | 0.91585 | 0.91625 | 0.91381 |
| EURJPY | 186.006 | 186.03 | 186.219 | 185.577 |
| GBPJPY | 215.39 | 215.414 | 215.542 | 214.636 |