I expect drops on this pair. The rate is at the upper limit of the channel, the increase after the last consolidation is almost realized plus a high RSI
. After the weekend, the course can still go up and slightly break the upper limit of the channel. You should wait for a sales signal, a sudden return to the channel after a false break or a pro-down candlestick
formation on the daily chart
. I expect that in the first place the rate will fall to the area of the first support, 1.2050, which already has about 400 pips.