Trend analysis (Fig. 1).

Today, the market from the level of 1.2156 (closing of yesterday's daily candle) will try to continue moving upwards with the target of 1.2234 - the historical resistance level (blue dotted line). After testing this level, the price can continue to work upward with the target of 1.2274 - the 85.4% retracement level (yellow dashed line).

Figure: 1 (Daily Chart).

Comprehensive analysis:

• Indicator analysis - up;
• Fibonacci levels - up;
• Volumes - up;
• Candlestick analysis - down;
• Trend analysis - up;
• Bollinger lines - up;
• Weekly chart - up.

General conclusion:

Today, the price from the level of 1.2156 (closing of yesterday's daily candle) will try to move upwards with the target of 1.2234 - the historical resistance level (blue dotted line). After testing this level, the price can continue to work upward with the target of 1.2274 - the 85.4% retracement level (yellow dashed line).

Unlikely scenario: the price from the level of 1.2156 (closing of yesterday's daily candle) will try to move upwards with the target of 1.2172 - the resistance level (blue bold line). After testing this level, the price can continue to work downward with the target of 1.2063 - the 38.2% retracement level (red dotted line).