Under Pressure
Our Pivot: 1.2265
Our Preference: Short sell below 1.2221 with strict stop loss of 1.2265 and target at 1.2154 and 1.2122.
Alternate Scenario: Upward penetration of 1.2265 will call for 1.2323.
NOTE: Capped by a negative trend line
Chart with Supports and Resistances:

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