Under Pressure
Our Pivot: 1.2000
Our Preference: Short sell below 1.1967 with strict stop loss of 1.2000 and profit target at 1.1920 with extension towards 1.1895.
Alternate Scenario: Upward penetration of 1.2000 will call 1.2030 and 2050.
NOTE: Euro is moving in a bearish price channel.
Chart with supports & resistances:
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