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:
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