Under Pressure
Our Pivot: 1.2087
Our Preference: Short sell below 1.2053 with strict stop loss of 1.2087 and profit target at 1.2015 with extension towards 1.1990.
Alternate Scenario: Upward penetration of 1.2087 will call 1.2125.
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 | 1.12558 | 1.12565 | 1.12642 | 1.12529 |
| USDJPY | 158.241 | 158.249 | 158.25 | 158.051 |
| GBPUSD | 1.32693 | 1.32706 | 1.3284 | 1.32575 |
| USDCHF | 0.8321 | 0.83227 | 0.83291 | 0.8307 |
| EURCHF | 0.93661 | 0.93686 | 0.93717 | 0.93451 |
| EURJPY | 178.109 | 178.141 | 178.15 | 177.918 |
| GBPJPY | 209.972 | 210.007 | 210.055 | 209.695 |