The pair remains above the strong support level of 1.2135, but there is a high probability of its drop if the risk appetite in global markets continues to decline.
Technical side:
The price is below the middle Bollinger band, below SMA 5 and SMA 14. Moving Averages intersect and suggest selling. RSI is below the 50% level and is declining. Stoch are turning down.
EURUSD rate online: monitor the price movement in real time.
Trading idea:
A decline below 1.2135 will result in a further drop to 1.2080.