Daily chart: the pair is in the lower Bollinger envelope (1.2087-1.2165) and will probably maintain this range against the background of correction of the ADX indicator.

Н4: strong local resistance in the area of the middle Bollinger band (1.2165-1.2175) will provoke a decline in quotations to support 1.2103 due to the previously broken lower envelope.

Н1: intraday consolidation range within Bollinger envelopes (1.2153-1.2175), where short positions will accumulate.

Conclusions:
The main scenario is a decline to 1.2103.
An alternative scenario is flat in the range 1.2153-1.2175.