Under Pressure
Our Pivot: 1.1912
Our Preference: Short sell below 1.1881 with strict stop loss of 1.1912 and profit target at 1.1850 with extension towards 1.1830.
Alternate Scenario: Upward penetration of 1.1912 will call 1.1940.
NOTE: Euro have given bearish breakout of its bullish price channel.
Chart with supports & resistances:
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