Under Pressure
Our Pivot: 1.2363
Our Preference: Short sell below 1.2338 with strict stop loss of 1.2363 and target at 1.2269 and 1.2238.
Alternate Scenario: Upward penetration of 1.2363 will call for 1.2416.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:

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