The price froze in limbo after quite sharp decline. One more wave of decline to the lower generatrix of the assumed initial diagonal looks preferable to further growth of the pair. Consequently, a decrease is expected in the near future.

The movement potential allows us to enter sell trades, and therefore, it is recommended to look closer at the possibility of opening trades on updating the current local minimum.

Investment idea: sell 1.2100, stop loss 1.2120, take profit 1.2050.