Price is coming from a massive short and it's approaching to crucial support area between 1.200 - 1.207 ... There is a strong buying pressure in that area, entry at 1.2127 is placed after a possible confirmation, following Fibonacci the ideal first target is 1.221 but risk can be reduced at 1.2182 ... Second Target would be 1.22670 where it will find strong resistance..
Remember to trade at your own risk.
GL