Trend analysis (Fig. 1).

Today, the market from the level of 1.2126 (closing of yesterday's daily candlestick) will move downward and try to reach the historical support level - 1.2075 (blue dotted line). Once this level is tested, an upward movement is possible with the target of 1.2156 - 21 EMA (black thin line).

Figure 1 (Daily Chart).

Comprehensive analysis:

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

General conclusion:

Today, the price from the level of 1.2126 (closing of yesterday's daily candlestick) will move downward and try to reach the historical support level - 1.2075 (blue dotted line). Once this level is tested, an upward movement is possible with the target of 1.2156 - 21 EMA (black thin line).

Alternative scenario: the price from the level of 1.2126 (closing of yesterday's daily candlestick) will move downward and try to reach the 38.2% retracement level - 1.2051 (red dotted line). After testing this level, it is possible that it will start working upwards with the target of 1.2102 - the 76.4% retracement level (yellow dashed line).