Under Pressure
Our Pivot: 1.2143
Our Preference: Short sell below 1.2105 with strict stop loss of 1.2143 and profit target at 1.2050 with extension towards 1.2015.
Alternate Scenario: Upward penetration of 1.2143 will call 1.2175.
NOTE: Euro is going to break its bullish price channel in downward direction.
Chart with supports & resistances:
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