Daily chart: the pair is one step away from falling into the lower Bollinger envelope, which is hindered by the last support at the middle band (1.2179). Once this level is passed, the price will have a space of almost 100 points for a new phase of decline.

Н4: the local potential of the ADX is relatively low, so one of the possible options of events today will be a flat within the Bollinger envelopes (1.2179-1.2242).

Н1: the lower Bollinger envelope was broken during the day, and ADX is in the trend zone. Therefore, the control support today is the level 1.2179, and the scenario of further decline is the main one.

Conclusions:
The main scenario is a decline to 1.2100.
An alternative scenario is flat in the range 1.2179-1.2242.
Trading decisions: selling to 1.2100.