Daily chart: a downward rebound from the dynamic resistance 1.2203 (upper Bollinger band) may provide the pair with a fall towards the lower band (1.1989). The beginning of today’s trading fully confirms this forecast.

Н4: the nearest strong support is 1.2096-1.2114 (lower Bollinger line). ADX potential is decreasing, so a breakout of this zone is with low probability. Moreover, the psychological importance of the round level will influence here.

Н1: intraday demand for the euro can be obtained in the area of 1.2114-1.2121, which is more correct to perceive as the same zone with 1.2096-1.2100.

Conclusions: decline in the direction of 1.2096-1.2100, then a rollback to 1.2163-1.2181.
Trading solutions:
1. Sales to 1.2100.
2. Purchases from the 1.2100 zone to 1.2163-1.2181.