The pair remains in a short-term uptrend. It found support above 1.2125 and may significantly increase this week if the mood in the markets significantly improves.
Technical side:
The price is located above the middle Bollinger band, above SMA 5 and SMA 14. RSI is above the 50% level and is turning up. Stoch are declining, leaving the overbought zone.
EURUSD rate online: monitor the price movement in real time.
Trading idea:
Expect the pair to grow first to 1.2180, and then to 1.2225.