I've been looking at this chart all day and have taken small profits with the short trades this morning. We can now see it retracing back. Switched to the 15 mins time frame and can see a good entry now as of 21:49pm. Retraced back 1,23376 and alerted me.
We can see it already tested two previous support levels. 12836 was tested this morning
I expect it to test 1,22620 sometime in the morning, that will be my TP2, I'll expect it to retrace, we could have some quick long scalping trades there.