At the moment, the price of the instrument has managed to firmly consolidate above the 1.2700 mark. There is a probability of retesting the price lows reached earlier. In case of a confident decline with overcoming the mark 1.2450, support can be met in the price range: 1.2300-1.2350. In case of resumption of growth, the significant resistance will be met above 1.2850. As with other assets, news from the United States is likely to be the catalyst for increased volatility and new trading opportunities.