Further Advance
Our Pivot: 1.2080
Our Preference: Buy above 1.2100 with strict stop loss of 1.2080 and profit target at 1.2140 with extension towards 1.2160.
Alternate Scenario: Downward penetration of 1.2080 will call for 1.2040.
NOTE: Euro is caged in a triangle is getting support from a strong horizontal supportive region.
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 | 1.16289 | 1.16306 | 1.16362 | 1.16256 |
| USDJPY | 159.885 | 159.902 | 159.966 | 159.827 |
| GBPUSD | 1.34653 | 1.3469 | 1.34779 | 1.34542 |
| USDCHF | 0.78685 | 0.78713 | 0.78872 | 0.78585 |
| EURCHF | 0.91522 | 0.91557 | 0.91656 | 0.91474 |
| EURJPY | 185.931 | 185.982 | 186.095 | 185.846 |
| GBPJPY | 215.28 | 215.354 | 215.529 | 215.159 |