Under Pressure
Our Pivot: 1.1895
Our Preference: Short sell below 1.1860 with strict stop loss of 1.1895 and profit target at 1.1815 and 1.1790.
Alternate Scenario: Upward penetration of 1.1895 will call for 1.1925.
NOTE: Euro have completed its 50% correction of last bearish rally and right now its being capped by a strong resistant region.
Chart with supports & resistances:
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