Turning Down
Our Pivot: 1.2155
Our Preference: Short sell below 1.2130 with strict stop loss of 1.2155 and profit target at 1.2105 with extension towards 1.2080.
Alternate Scenario: Upward penetration of 1.2155 will call 1.2180.
NOTE: Euro have penetrated below its supportive trend line.
Chart with supports & resistances:
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