Further Advance
Our Pivot: 1.2080
Our Preference: Buy above 1.2100 with strict stop loss of 1.2080 and profit target at 1.2140 with extension towards 1.2160.
Alternate Scenario: Downward penetration of 1.2080 will call for 1.2040.
NOTE: Euro is caged in a triangle is getting support from a strong horizontal supportive region.
Chart with supports & resistances:
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