Under Pressure
Our Pivot: 1.2055
Our Preference: Short sell below 1.2030 with strict stop loss of 1.2055 and profit target at 1.1995 and 1.1950.
Alternate Scenario: Upward penetration of 1.2055 will call 1.2100.
NOTE: Euro is being capped by a strong resistant trend line.
Chart with supports & resistances:
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