The price returned to a supportive level 1.2076 but did not break below it. It bounced off the line and is trading now with an increasing bullish slope. I expect this upwards movement to continue to the resistance line 1.2357 followed by either an obvious breakout above it with a big green candle, or a bounce at it followed by a retreat to the supportive level 1.2076. If you bought EUR at the line 1.2076 after a bounce, remain short with your take profit at 1.2357 and stop loss at 1.1918. All I can advice is bearish positions in case of a clear permeation below the line 1.2076 with a big red candle.
Trade recommendation
Remain long with your take profit at 1.2357.