Trend analysis (Fig. 1).

On Tuesday, the market from the level of 1.2059 (closing of yesterday's daily candle) will try to start moving up with the target of 1.2102 - the 76.4% retracement level (yellow dotted line). After testing this level, the price can continue to work upwards with a target of 1.2176 - the resistance level (blue bold line).

Figure 1 (Daily Chart).

Comprehensive analysis:

• Indicator analysis - up
• Fibonacci levels - up
• Volumes - up
• Candlestick analysis - down
• Trend analysis - up
• Bollinger bands - down
• Weekly chart - down

General conclusion:

Today, the price from the level of 1.2059 (closing of yesterday's daily candle) will try to make an upward movement with the target of 1.2102 - the 76.4% retracement level (yellow dotted line). After testing this level, the price can continue to work upwards with a target of 1.2176 - the resistance level (blue bold line).

Unlikely scenario: the price from the level of 1.2059 (closing of yesterday's daily candle) will try to move up with the target of 1.2102 - the 76.4% retracement level (yellow dotted line). After testing this level, the market can continue to work downwards with a target of 1.1975 - the 50.0% retracement level (red dotted line).