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 | 1.16075 | 1.16083 | 1.16251 | 1.16024 |
| USDJPY | 159.919 | 159.928 | 159.936 | 159.635 |
| GBPUSD | 1.35451 | 1.35461 | 1.35601 | 1.35376 |
| USDCHF | 0.80925 | 0.80946 | 0.81009 | 0.80656 |
| EURCHF | 0.93937 | 0.9396 | 0.94006 | 0.93795 |
| EURJPY | 185.625 | 185.644 | 185.709 | 185.42 |
| GBPJPY | 216.615 | 216.637 | 216.639 | 216.299 |