Any indicative break above would extend gains till 1.2180/1.2205.
On the downside minor support is around 1.2080 and break below will drag the pair further down till 1.2050/1.1995.
Indicator (15 min chart)
(50) - Sell
(14) – Sell
It is good to sell on rallies around 1.2100 for the target of 1.1995 with stop around 1.2135.