There were no significant changes in the pair in question during the last trading day. The price seemed to stay in the same place and did not move anywhere. Probably, we will see some activity today.

It is assumed that the development of the upward impulse, which is a part of the correctional structure, has finished. It means that we can see a strong and prolonged directed downward movement. A possible signal to sell is a breakdown of the level shown on the chart.

Recommendations: Sell 1.2620, SL 1.2645, TP 1.2300.