Trend analysis (Fig. 1).

Today, from the level of 1.2160 (closing of yesterday's candle) the pair will continue to move up with the target of 1.2307, a pullback level of 50.0% (red dashed line). Upon reaching this line, the continuation of the upward movement is with the target of 1.2517, a retracement level of 61.8% (red dashed line).

Fig. 1 (daily chart).

Comprehensive analysis:

- Indicator analysis - up;

- Fibonacci levels - up;

- Volumes - up;

- Candlestick analysis - down;

- Trend analysis - up;

- Bollinger Lines - up;

- Weekly schedule - up.

General conclusion:

Today an upward movement is possible.

Unlikely scenario: from a pullback level of 50.0% - 1.2307 (red dashed line), work down with a target of 1.2098, a pullback level of 23.6% (blue dashed line).