The situation on the pair in question during the last trading day developed in a similar way to EUR/USD. The price made an attempt to grow, but barely reached the local maximum, as sellers came in, extinguishing the offensive of their opponents.
As a result the price rolled back and may start an accelerated movement in the opposite direction. It is caused probably by the completed zigzag as a correction wave inside wave [c] of (x).
Then we can see an impulse decrease during which the specified wave will finish. In this case it is worth to open sell trades at breakdown of the level 1.2020.

Recommendations: Sell 1.2020, SL 1.2045, TP 1.1800.