Further Advance
Our Pivot: 1.2100
Our Preference: Buy above 1.2120 with strict stop loss of 1.2100 and profit target at 1.2150 with extension towards 1.2175.
Alternate Scenario: Downward penetration of 1.2100 will call for 1.2060.
NOTE: Euro have given bullish breakout of its triangle on hourly chart.
Chart with supports & resistances:

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