Daily chart: the pair is trading down within the lower Bollinger envelope. Therefore, the prospect of falling euro quotes is the area of 1.2000 (lower Bollinger band). Meanwhile, ADX is decreasing, which may affect the volatility downward.

Н4: locally, the bears are breaking through the lower Bollinger envelope, which is a signal to sell. We note the proximity of the ADX parameters to the trend ones. This means that the fall may have a high rate.

Н1: there is also a lot of selling pressure on the hourly chart. The pair is clearly fixing in the 20th figure, which will help to work out to the round level of 1.2000.

Conclusions: decrease to 1.2000.
Trading solutions: sales to 1.2000.