Under Pressure
Our Pivot: 1.2255
Our Preference: Short sell below 1.2225 with strict stop loss of 1.2255 and profit target at 1.2200 with extension towards 1.2176.
Alternate Scenario: Upward penetration of 1.2255 will call 1.2285.
NOTE: Euro is being capped by a strong horizontal resistant region along with a descending trend line.
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 | 1.17177 | 1.17185 | 1.17449 | 1.16526 |
USDJPY | 144.259 | 144.267 | 145.298 | 143.751 |
GBPUSD | 1.37297 | 1.37306 | 1.37658 | 1.36513 |
USDCHF | 0.79874 | 0.79894 | 0.80618 | 0.79799 |
EURCHF | 0.93599 | 0.93622 | 0.94031 | 0.93595 |
EURJPY | 169.037 | 169.056 | 169.419 | 168.549 |
GBPJPY | 198.065 | 198.088 | 198.62 | 197.69 |