What I expected to happen was...:
I enter my password and login.

What actually happened was...:
Game gives a "InvalidCredentiasException:Invalid Credentials

Steps to Reproduce:
1. Open the new minecraft launcher/
2. Enter correct password and name and enter.
3. Does not login and says wrong password even after resetting password and using new one. (The launcher just updated to 1.2.7 for me so I believe it is an error due to the new update), (The two versions I put this up is from the two profiles I have been using recently)