Under Pressure
Our Pivot: 1.2501
Our Preference: Short sell below 1.2475 with strict stop loss of 1.2501 and target at 1.2429 and 1.2407.
Alternate Scenario: Upward penetration of 1.2501 will call for 1.2539.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:

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