Under Pressure
Our Pivot: 1.2057
Our Preference: Short sell below 1.2021 with strict stop loss of 1.2057 and profit target at 1.1967 with extension towards 1.1935.
Alternate Scenario: Upward penetration of 1.2057 will call 1.2090.
NOTE: Euro is moving in a descending price channel.
Chart with supports & resistances:
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