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 | 1.16315 | 1.16323 | 1.16558 | 1.16131 |
| USDJPY | 159.916 | 159.924 | 159.951 | 159.566 |
| GBPUSD | 1.34685 | 1.34695 | 1.34823 | 1.34456 |
| USDCHF | 0.78719 | 0.78734 | 0.78851 | 0.78434 |
| EURCHF | 0.91562 | 0.91584 | 0.91625 | 0.91381 |
| EURJPY | 186.005 | 186.027 | 186.219 | 185.577 |
| GBPJPY | 215.384 | 215.41 | 215.542 | 214.636 |