The pair is expected to grow
Supposedly, a bearish correction in a form of fourth wave 4 is completed. Apparently, the first counter-trend wave in a form of a small impetus (i) is forming now. If this assumption is correct and the price does not break the critical level 1.1940, it's logical to expect the pair to rise to levels 1.2300 – 1.2600 – 1.2800
Buy the pair from corrections above a level of 1.1940 with a target at .2300 – 1.2600.
Breakout and consolidation below the level of 1.1940 will allow the pair to continue declining to the levels of 1.1800 – 1.1700.